$1
For sale: Vacant Land

An exceptional opportunity to acquire an approx. 35 acres of residential development land in the growing community of Chelmsford. With Draft Plan of Subdivision Approval already in place, the property offers a rare chance to advance a large-scale residential community while building upon an established planning framework. Originally approved for 138 single-family residential lots, the updated development concept reflects recently approved R1, R2 and R3 zoning, increasing the potential to 231 residential lots and allowing for a broader range of housing, including single-detached, semi-detached, duplex, townhouse and multi-unit dwellings, as well as secondary suites. Phase 1 features approximately 36 residential lots where key engineering and planning work has already been completed and can be increased into 50+ lots, offering builders the opportunity to accelerate servicing and construction. Positioned within an established and expanding residential corridor, the property is ideally suited for a phased development that can respond to the continued demand for new housing across Greater Sudbury. Residents will benefit from convenient access to schools, parks, recreation, shopping, healthcare services and Highway 144, with downtown Greater Sudbury approximately 20 minutes away. This is a rare opportunity for developers, builders and investors to deliver a thoughtfully planned residential neighbourhood within the City of Greater Sudbury.
Sold data
Homes in Greater Sudbury (Sudbury) took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 49, across 68 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $672,450.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 34% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 68 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Greater Sudbury (Sudbury) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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