$799,000

About this listing

A prime village location. Strong zoning. Clear development upside. Welcome to 2607 Old Montreal Road, a rare opportunity in the heart of Cumberland Village for builders, developers, and long-term investors looking to secure a premium residential site in a proven, stable market. Zoned VM6 (Village Mixed-Use), this property allows for a wide range of residential uses including detached dwellings, duplexes, three-unit dwellings, townhomes, stacked dwellings, and additional dwelling units - making it an ideal candidate for multi-unit residential development. Whether you're planning a small multi-family build, a rental portfolio addition, or a thoughtful village-scale project, this zoning provides rare flexibility in an established community. Set on an exceptionally large lot, the zoning permits a significantly larger building envelope than what currently exists. With only ~12.5% lot coverage today versus 20% permitted, the site offers clear upside for added density while still respecting the character of the village. The property is individually designated under the Ontario Heritage Act, a prestigious distinction that protects architectural integrity and elevates long-term value. This designation encourages development with character, integrity, and timeless design - a major advantage for builders looking to create a truly differentiated product. Location is a standout. Enjoy walking distance to local shops, Cumberland Market, parks, and amenities, plus quick highway access for an easy commute. The area is stable, well-established, and growing, making this an excellent choice for a long-term rental hold or boutique residential project. A home with history. A lot with possibility. A future with distinction.