60 YONGE STREET S, Huntsville

$779,000

For sale: Vacant Land

Vacant Land at 60 YONGE STREET S, Huntsville
Property type
Land
MLS®
MLS® X13794444
Neighbourhood
Huntsville

PURPOSE-BUILT RENTAL DEVELOPMENT OPPORTUNITY | HUNTSVILLE, MUSKOKAPosition your next multifamily development in the heart of Muskoka. This 1.32-acre property at 60 Yonge Street South is approved for 16 residential units across two identical eight-unit rental buildings, with access to municipal water, sewer and public transit. The project is permit-ready; only payment of the building permit fee remains before issuance.With development approvals secured, the project provides investors and developers an established design to advance toward construction. The planned housing is intended to serve a range of residents, including seniors, families and the local workforce, with four units designed for accessibility.The building plans emphasize energy efficiency and durability, combining post-and-beam construction with Structural Insulated Panels (SIPs), wall assemblies exceeding R-50, and radiant in-floor heating within polished concrete floors.The project may qualify for the District of Muskoka's Muskoka Affordable Housing Initiatives Program (MAHIP), with potential grant funding of up to $100,000 per unit-representing up to $1.6 million across all 16 units, subject to program eligibility, funding availability and approval for each qualifying unit. Additional potential incentives include head-lease arrangements and development charge waivers where applicable.The project may also be eligible for CMHC MLI Select financing, offering the potential for attractive financing terms and extended amortization, subject to applicable program requirements and approval.An opportunity for builders, multifamily investors and rental housing developers to advance an approved 16-unit project in Huntsville.

Sold data

Vacant Land homes in Huntsville — recent sold market

Vacant Land homes in Huntsville took a median of 50 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 85, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.

The median sale price was $189,000.

Homes sold for about 9.4% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
51
Median sale price
$189,000
Sale-to-list ratio
90.6%
Sold above asking
8%

Based on 40 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

Schools in Huntsville

Huntsville has 5 Fraser Institute–rated schools (5 elementary), averaging 5.4/10.

Rated schools
5
Elementary
5
Average rating
5.4 / 10

Top-rated schools in Huntsville

  • Huntsville — elementaryFraser rating 6.7/10
  • Spruce Glen — elementaryFraser rating 6.3/10
  • Riverside — elementaryFraser rating 5.7/10
  • Pine Glen — elementaryFraser rating 4.7/10
  • Saint Mary's — elementaryFraser rating 3.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 60 YONGE STREET S