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Investment signal

$899,000

BLOCK 8 SOUTH BEECH STREET

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for South Glengarry. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

ATTENTION BUILDERS & DEVELOPERS! Prime 4-Acre Residential Development Opportunity in Lancaster, Ontario. This exceptional 4-acre parcel of land (Block 9) presents a rare opportunity for residential development in one of South Glengarry's most desirable communities. Ideally suited for single-family homes and multi-family dwellings, this property is perfectly positioned for a wide range of residential projects. With municipal water, municipal sewer, electrical services, and natural gas available, this site provides the essential infrastructure to support efficient and cost-effective development. Buyers have the option to purchase with existing approved plans, or acquire the property now and customize development plans to suit their vision. Located in the charming village of Lancaster, within the Township of South Glengarry, the area is known for its historic and Celtic heritage, warm rural character, and strong community spirit. This peaceful setting offers the comfort of country living while maintaining quick access to urban amenities. Just minutes from Highway 401, this property ensures effortless access to Cornwall, as well as the Ontario-Quebec border. The breathtaking St. Lawrence River is only moments away, offering endless opportunities for boating, camping, and outdoor recreation. Nature lovers will appreciate the proximity to Cooper Marsh Conservation Area, featuring scenic boardwalks, guided nature tours, and some of the region's best birdwatching. Everyday essentials-shopping, restaurants, a grocery store, pharmacy, and more-are all conveniently close, enhancing the appeal for future residents. A versatile and valuable opportunity for builders, investors, and developers-bring your vision and shape the next chapter of Lancaster living. (id:65958)

Subtype
Vacant Land
Community
722 - Lancaster
Lot dimensions
.
On market
Nov 18, 2025
Status changed
Apr 24, 2026
Annual tax
$0
Zoning
MULTI RESIDENTIAL
Photos
8
MLS#
X12554344
Area
SOUTH_GLENGARRY

Features and systems

Utilities

SewerElectricityCable
Negative cash flow ~$985/mo at these assumptions

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,537

Financing

Down payment$179,800
Loan amount$719,200
Mortgage$3,644/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$749
CapEx reserve$375
Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,644/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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