SUDBURY DESPERATELY NEEDS HOUSING! With all levels of government begging for more housing, this is the perfect investment opportunity. City of Sudbury has already APPROVED the development for over 100 units on this 10 acre parcel and there's an available site plan showing 42 row houses and 60 units separated into two buildings. Located directly across from Lively Golf & C.C., close to all amenities and transportation corridors, this is an ideal location for a development geared towards empty-nesters, snowbirds and seniors to still be close to everything yet surrounded by nature. The numbers work as a build and sell for individual units or build and hold for long term rental revenue. Possibility to take advantage of the City of Sudbury's new moratorium on development charges along with other available incentives and/or partnerships from provincial and federal levels of government. The neighbouring former Sixth Ave Golf Club with 67 acres also available to combine into an even bigger project! Contact your Realtor today for more info. (id:47421)
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Detailed Information
Ownership Type
Freehold
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning Description
R3 (S)
Building
Utility Water
Municipal water
Parking Spaces
Name
Spaces
See Remarks
Land
Total Size
333 X IRR | 10 - 50 acres
Access Type
Year-round access
Acreage
Yes
Sewer
Municipal sewage system
Size of Irregular Land
333 X IRR
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