Exceptional opportunity to acquire a premium 50' x 110' RL1-zoned corner lot in an established residential neighbourhood. Corner lots offer added design flexibility and outstanding curb appeal, making this an ideal site for a custom home or future development. With increasing demand for multi-family housing, this property presents exciting redevelopment potential, subject to all municipal approvals. Buyers and their representatives are encouraged to complete their own due diligence regarding zoning, permitted uses, and development possibilities. Conveniently located close to schools, parks, shopping, public transit, and major commuter routes. A rare opportunity to secure a well-positioned vacant lot with exceptional long-term potential. Lots 209 Iva, 229 Iva, 201 Iva, and 215 Iva are available to be purchased together