$15,999,000
2967 South Grimsby Rd S N/A West Lincoln, ON L0R 2A0
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$15,999,000
Est. payment /mo
26 SqFt
UPDATED:
06/28/2024 04:32 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 26 sqft
Price per Sqft $615,346
MLS Listing ID X6032065
Annual Tax Amount $768
Tax Year 2023
Property Description
Seize this incredible opportunity to acquire 28+/- acres of development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands. The projected growth for Smithville under the new plan is 29,030 inhabitants & 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. Areas designated Residential shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure.
Location
Province ON
County Niagara
Zoning Residential/ Open Space/ Agricultural
Exterior
Utilities Available None
Building
Lot Description Irregular Lot
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Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE
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