50 Units Rental Building - Build Using Cmhc - Mli Select

Not on MLS®

Unpriced

For Sale: Land in Stayner, ON

Shailesh Patel

Realtor

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Listing Details

Current improvements:

Detached house on the land

Permitted uses:

• Multifamily

Description

This ready-to-build project in the thriving town of Stayner is a prime opportunity to meet the high rental demand while benefiting from CMHC’s MLI Select program. Designed as a purpose-built rental development, the project features 50 thoughtfully planned units tailored to senior living, a demographic with growing housing needs. Developers can take advantage of CMHC's exceptional incentives, including a 50-year amortization period and prime-minus interest rates, ensuring attractive financing terms. Stayner's strategic location, coupled with its increasing demand for quality rental housing, makes this project a standout investment for long-term profitability and community impact.

Location & nearby

This listing is located in Stayner, ON L0M 1S0

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