2 Alma Street in Angus offers a rare development opportunity in a rapidly growing community where the demand for both rental housing and adult lifestyle living continues to climb. This property is ideally suited for a purpose-built rental development with potential CMHC financing, allowing developers to benefit from strong market fundamentals and long-term returns. Angus has become an attractive destination for new residents due to its affordability, proximity to Barrie and the GTA, and steady demand from Canadian Forces Base Borden, ensuring consistent rental demand. Beyond its appeal as a conventional rental project, the site also lends itself to the creation of an adult lifestyle community designed for residents 55 and older who value independence, convenience, and amenities that enhance quality of life. Age-friendly housing options such as well-planned suites, fitness and wellness spaces, social lounges, and outdoor gathering areas would provide the perfect balance of independent living and community connection. With limited supply of long-term residences tailored to this demographic, there is a growing need for housing that combines comfort, accessibility, and low-maintenance living. Developers can position this project as either a modern rental building or as an active adult lifestyle community, both of which align with Angus strong growth trajectory and the increasing regional demand for housing. This is a flexible and forward-looking opportunity to deliver a development that will serve the area for years to come while capturing the benefits of a stable and expanding market.
Property Highlights
For Sale
MLS NO.
N12421388
Type
Residential Freehold
Sub Type
Vacant Land
Complete Property Details
Property Type
Residential Freehold
Sub Type
Vacant Land
Transaction Type
For Sale
Status
Withdrawn
Contract Status
Unavailable
MLS® Number
N12421388
Total Bedrooms
0
Total Bathrooms
0
Total Kitchens
0
Central Vacuum Yn
No
Lot Width
409.87
Lot Size
8.7
Lot Size Units
Acres
Direction Facing
East
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
2 Alma Street, Essa, ON L0M 1B0
City
Essa
Neighbourhood
Angus
County / Region
Simcoe
Province / State
ON
Postal Code
L0M 1B0
Cross Street
King St and Huron St
Directions
Entrance off of Alma St
Country
CA
List Price
$3,995,000
Annual Taxes
$1,140
Tax Year
2024
Legal Description
PT MILL RESERVE PL 160A ESSA TWP AS IN RO947925 (FIRSTLY) EXCEPT ES15851 ; ESSA
Possession Type
Flexible
Possession Details
TBD
Listing Office
RIGHT AT HOME REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2025-09-23T15:49:48Z
Media Updated
2025-09-24T16:45:24Z
Photos Updated
2025-09-23T15:49:49Z
Last Modified
2026-03-18T16:24:45Z
System Modified
2026-03-18T16:24:45.485331Z
MLS Status
Suspended
Ddfyn
Yes
Expiration Date
2026-05-22
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
581100273
Public Remarks
2 Alma Street in Angus offers a rare development opportunity in a rapidly growing community where the demand for both rental housing and adult lifestyle living continues to climb. This property is ideally suited for a purpose-built rental development with potential CMHC financing, allowing developers to benefit from strong market fundamentals and long-term returns. Angus has become an attractive destination for new residents due to its affordability, proximity to Barrie and the GTA, and steady demand from Canadian Forces Base Borden, ensuring consistent rental demand. Beyond its appeal as a conventional rental project, the site also lends itself to the creation of an adult lifestyle community designed for residents 55 and older who value independence, convenience, and amenities that enhance quality of life. Age-friendly housing options such as well-planned suites, fitness and wellness spaces, social lounges, and outdoor gathering areas would provide the perfect balance of independent living and community connection. With limited supply of long-term residences tailored to this demographic, there is a growing need for housing that combines comfort, accessibility, and low-maintenance living. Developers can position this project as either a modern rental building or as an active adult lifestyle community, both of which align with Angus strong growth trajectory and the increasing regional demand for housing. This is a flexible and forward-looking opportunity to deliver a development that will serve the area for years to come while capturing the benefits of a stable and expanding market.