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$ 2,999,000
Est. payment /mo
New
173 ST. CATHARINES STREET West Lincoln (057 - Smithville), ON L0R2A0
1 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $2,999,000
Subdivision 057 - Smithville
MLS® Listing ID X11967171
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Rare shovel-ready residential infill development opportunity in the heart of Smithville, Ontario, just steps from downtown and a wealth of amenities. Seller is willing to consider a vendor take-back mortgage of up to 50%. Fully approved with zoning, site plan approval, development agreement, and draft plan of condo approval in hand, this project is ready to go. Designed for 20 condominium townhouses or a purpose-built rental development with 2 units per townhouse (40 units total), as permitted under Section 3.2.1 of the West Lincoln Zoning By-Law. Situated on a major street, within walking distance of restaurants, grocery stores, LCBO, churches, walking trails, and parks, this prime location offers both convenience and strong market appeal. A comprehensive due diligence package, including reports and studies, is available. With the Niagara Regions population expected to grow by 27.6% to 610,000 by 2041, demand for quality housing continues to rise, making this an exceptional investment opportunity in a rapidly expanding community. (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by COLDWELL BANKER POWER REALTY