38-40 SILVER CREEK DRIVE

MLS®: S13146000 Type: Vacant Land Lot Size: 8.6 ac Postal Code: M3H2S7

Brokerage: COLLIERS Agent: MYLES KENNY

Colliers is pleased to present for sale 38-40 Silver Creek Drive (the "Property" or "Site"), an exceptional 8.6-acre residential development opportunity in Collingwood, one of Ontario's fastest-growing four-season communities. Comprised of two separately titled parcels with two existing rental homes generation holding income, the property offers cash flow combined with immediate development potential located within the prestigious Silver Creek community, an established enclave of luxury multi-million-dollar homes and cottages, the Site provides the rare opportunity to deliver premium residential product in a highly sought-after market. Under existing zoning, the Property permits the development of up to 16 luxury estate lots as-of-right, no re-zoning required. The proposed estate lot concept accommodates up to 0.5-acre lots designed to complement the surrounding high-end estate character. In addition to the as-of-right estate lot opportunity, the site offers substantial long-term redevelopment potential. With frontage and access from both Highway 26 and Silver Creek Boulevard, preliminary planning assessments have indicated potential for a future higher-density development of approximately 296 townhome units, subject to re-zoning and municipal approvals. Strategically positioned minutes from downtown Collingwood and just 7-minutes to Blue Mountain Village, the Property benefits from immediate access to Highway 26 and proximity to shopping, schools, healthcare, recreation, ski clubs, golf courses, and Georgian Bay amenities. This offering represents a rare opportunity for builders, developers, investors, or families seeking a scalable development site with existing income, flexible planning potential, and premier positioning in one of Ontario's most desirable recreational and residential markets. (42918768)