Prime Development Opportunity – 2.11 Acres with Site Plan Approval! This exceptional 2.11-acre property is fully approved for the construction of 52 rental stacked townhouses, making it a fantastic investment opportunity. The site features frontage along Elgin Street and Lorne Avenue and is zoned RM1-1633 Residential Medium Density and RL3 Residential Low Density. Site Plan Approved – Ready to build! CIP Grant Approved – Enjoy savings with a building permit fee reduction and a property tax break. Strategic Planning – Project planning and design were completed to maximize local municipal benefits for rental initiatives and align with CMHC funding requirements. Don’t miss out on this rare opportunity to bring a thoughtfully planned development to life in a growing community. Contact me today for more details! (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Features
Gravel Driveway
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning Description
RM1-1633
Building
Cooling Type
None
Exterior Finish
Other
Flooring Type
Other
Heating Fuel
See Remarks
Type
Row / Townhouse
Parking Spaces
Name
Spaces
Other
Land
Total Size
295.54X79.26 | 1 - 3 acres
Acreage
Yes
Size of Irregular Land
295.54X79.26
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