This is an incredible investment opportunity in the prime location of Niagara West Lincoln. This spacious residential corner lot, with a 150 ft frontage, is surrounded by new subdivisions and established homes, with extensive development taking place in the area. The land is subject to rezoning from R1 to R2 and High-Density RM3, which provides flexibility for various residential developments(multiple fourplexes/triplexes, 4-6-story apartment buildings, condominiums, detached/semi-detached/townhouses, rental units, and retirement residences). This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. It is an amazing demanded area, less than 30 minutes to Niagara Falls and the U.S. border, close to major cities like St. Catharines, Hamilton, Burlington, Oakville, Guelph, and Mississauga. All essential services are conveniently located along South Grimsby Rd 5, with easy access to amenities, shopping, schools, transit, and recreation centers. Don't miss this unique opportunity to build in a thriving community! **** EXTRAS **** Buyers To Perform Due Diligence, Obtain A Permit Regarding Any Developments And Verify Information. (id:47421)
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Detailed Information
Lot
159 x 132 ft
Listing Contract Date
2024-11-05
Location Description
Hwy 20/South Grimsby Rd 5
Property Type
Vacant Land
Transaction Type
For sale
Building
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Sewer
Available
Land
Total Size
159 x 132 FT | 1/2 - 1.99 acres
Sewer
Sanitary sewer
Size of Irregular Land
159 x 132 FT
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