$1,700
4 Lot Ground Lease- Sundridge
Description
We are offering 4 vacant residential lots in Sundridge, ON — all within about 2 minutes of each other.
The Opportunity:
• Each lot can support a duplex as of right → up to 8 rental units total. Newly adopted official plan offers Potential development of Townhomes or Senior’s apartments/residences with subject approvals.
• Municipal sewer connections already available at each property
• We can/will install helical pile foundations at near material cost (we own the equipment) for prefab buildings.
• No land purchase required — long-term ground lease model
Proposed Terms:
• Ground lease: approximately $425/month per lot
Income Potential:
• Estimated local rent: ~$2,000/month per 2-bedroom unit
• Potential gross rent: ~$4,000/month ($48,000/year) per duplex
• Combined potential across all 4 sites: ~$192,000 gross annual rental revenue
This setup is ideal for a standardized, repeatable duplex model. Deploy quickly, keep costs low, and create long-term rental income without acquiring land.
A great opportunity to contribute to housing supply in Almaguin with Low upfront costs
We’re also open to managing the rental units locally if desired.
Serious inquiries from modular/prefab builders or investors welcome.
Message me for property details and to discuss further.
— Nick
Please email ; office@maplewooddesignbuild.ca for more information and to recieve a pdf presentation
The Opportunity:
• Each lot can support a duplex as of right → up to 8 rental units total. Newly adopted official plan offers Potential development of Townhomes or Senior’s apartments/residences with subject approvals.
• Municipal sewer connections already available at each property
• We can/will install helical pile foundations at near material cost (we own the equipment) for prefab buildings.
• No land purchase required — long-term ground lease model
Proposed Terms:
• Ground lease: approximately $425/month per lot
Income Potential:
• Estimated local rent: ~$2,000/month per 2-bedroom unit
• Potential gross rent: ~$4,000/month ($48,000/year) per duplex
• Combined potential across all 4 sites: ~$192,000 gross annual rental revenue
This setup is ideal for a standardized, repeatable duplex model. Deploy quickly, keep costs low, and create long-term rental income without acquiring land.
A great opportunity to contribute to housing supply in Almaguin with Low upfront costs
We’re also open to managing the rental units locally if desired.
Serious inquiries from modular/prefab builders or investors welcome.
Message me for property details and to discuss further.
— Nick
Please email ; office@maplewooddesignbuild.ca for more information and to recieve a pdf presentation
When you call, please mention you found this ad on OKZ.ca