Property Description

Rare opportunity to acquire development land in the sought-after Paradise market, located on Kenora Place just minutes from Kenmount Road and major amenities. Positioned within a rapidly expanding residential area, this parcel presents outstanding potential for builders, investors, and developers looking to capitalize on the continued growth throughout the Northeast Avalon region. Surrounded by established neighborhoods and ongoing new construction, the property is ideally located close to schools, shopping, recreation, restaurants, grocery stores, and major commuter routes, offering both convenience and long-term investment appeal. The area continues to see strong demand for new housing developments, making this an excellent opportunity for future residential construction. Preliminary potential suggests the parcel could accommodate a minimum of five building lots (subject to municipal approval), creating excellent possibilities for subdivision and future development. The development parcel located on the next street over, Hancock Place, is also available for purchase, making this a rare opportunity for builders and developers to secure land on two prime streets within the highly desirable Elizabeth Park area of Paradise. With very quick access to Kenmount Road and the Trans Canada Highway, these properties offer exceptional convenience, strong future value, and outstanding development potential in one of the region’s fastest-growing communities. Please note : Any permits required, service hookups, or any applicable HST will be the responsibility of the buyer. (id:7434)