Why Developers Love Labrador in 2025
Why Developers Love Labrador in 2025
Labrador is flying under the radar — but savvy small developers are taking note.
Many 600m²+ lots near Central Street, Government Rd, and Turpin Rd are zoned medium-density residential, making them prime for duplex or townhouse development.
Site Criteria for Duplex Projects
Flat or slightly sloped
At least 15m frontage
Rear access or corner block ideal
Zoned for up to 2 dwellings (check overlays)
Development Example
Lot Size | Purchase Price | Build Cost (Duplex) | Sale Value | Profit Margin |
|---|---|---|---|---|
607m² | $970,000 | $800,000 | $2.25M | ~$350,000 |
Subject to DA and market conditions
What Norton’s Provides
Feasibility checks
Comparable duplex sales
Pre-qualified builder recommendations
Buyer-matching post-completion
Disclaimer: Profit figures are examples only. Consult your accountant, town planner, and solicitor before making development decisions.