West Lincoln (smithville), ON L0R2A0,173 ST. CATHARINES STREET
West Lincoln (smithville), ON L0R2A0,173 ST. CATHARINES STREET
West Lincoln (smithville), ON L0R2A0,173 ST. CATHARINES STREET
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$2,999,000
Est. payment /mo
2 SqFt
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $1,499,500

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

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No


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agent

Patricia Jones

+1(604) 905-8930

Personal Real Estate Corporation | License ID: 606388

Personal Real Estate Corporation License ID: 606388

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