Vacant Land and Lots for Sale

You must verify local zoning bylaws, lot coverage limits, municipal permits, utility connections (water, gas, electricity, sewage), and any environmental or local conservation authority restrictions (such as the TRCA in the GTA).

Building a custom home is entirely dependent on the specific lot's zoning regulations set by the local municipality. You must strictly adhere to setback requirements, height restrictions, and maximum gross floor area (GFA) ratios.

In highly competitive real estate markets, properties sold primarily for "lot value"—where the existing structure is intended to be demolished by the buyer—are often categorized, searched, and valued similarly to vacant land development opportunities.

Securing a mortgage for raw land is typically more challenging and requires a significantly larger down payment (often 30% to 50%) than a traditional residential mortgage. Buyers often utilize specific construction loans that release funds in stages as the build progresses.

When building a new home or increasing density, local municipalities levy development charges to help pay for the increased strain on infrastructure (such as roads, transit, and water). These fees must be budgeted for well before construction begins.

Lot severance is possible but requires a formal application and approval from the local Committee of Adjustment. The proposed new lots must meet strict municipal frontage and total area requirements specific to that neighbourhood.