00 Eagle Lake Road South River, Ontario P0A 1X0

$370,000

An exceptional opportunity awaits with this 12.38-acre parcel in the heart of South River, featuring a draft plan for 53 residential lots and an Environmental Protection (EP) portion that can be dedicated to the township for parkland instead of cash in lieu. This is a thoughtful integration that adds value for both the township, current and future residents. Positioned within a community actively embracing growth, this site benefits from NO REGIONAL DEVELOPMENT FEES and attractive incentives under the Community Improvement Plan, including potential tax breaks for new builds and businesses. The official plan supports a range of housing options single-family homes, townhouses, 4-plexes, and low-rise apartmentsas well as innovative builds like container homes and granny suites. Developers will appreciate the supportive and forward-thinking approach to zoning and community planning. Servicing infrastructure at the main road includes natural gas, fibre optics, and municipal water (private septic systems required), ensuring readiness for phased development. With access to year-round outdoor attractions like Algonquin Park, Eagle Lake, and Mikisew Provincial Park, South River offers a blend of lifestyle appeal and economic momentum, with major local employers like Almaguin Forest Products and Corel Industries, and a growing focus on eco-tourism and creative industry. Located just south of North Bay, this vibrant village of 1,100 residents is a destination for families, retirees, and outdoor enthusiasts alike. ARN and PIN number to be assigned once lot is severed. Taxes to be assessed once lot is severed. Sale will be conditional on lot being severed. (id:41954)

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https://www.realtor.ca/real-estate/28469118/00-eagle-lake-road-south-river-south-river