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$989,000
Available - For Sale
Listing ID: X10408903
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 a zoning modification to High-Density RM3, which provides flexibility for various residential developments. Permitted builds include 5-7 story apartment buildings, condominiums, detached and semi-detached homes, townhouses, rental units, and retirement residences. A pre-consultation meeting was conducted with the Township regarding a proposed 3-story building with 6 townhomes. The meeting was positive, and no objections were raised by the Township. However, the seller decided not to proceed, as the lot dimensions may support an alternative design for up to 12 back-to-back townhomes, leaving the option open for the buyer to submit their own project for consideration. This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. Approximately 25 minutes to Niagara Falls and the U.S. border, and close to major cities like St. Catharines, Oakville, Hamilton, Burlington, 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.
Price $989,000
Taxes: $0
Address: Lot 20 South Grimsby Road 5 Rd , West Lincoln, L0R 2A0, Ontario
Lot Size: 159 x 132 (Feet)
Acreage: .50-1.99
Directions/Cross Streets: Hwy 20/South Grimsby Rd 5
Washrooms: 0
Property Type: Vacant Land
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: A
Utilities-Gas: A
Utilities-Telephone: A
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HOMELIFE/VISION REALTY INC.

Lot 20 South Grimsby Road 5 Rd , West Lincoln, L0R 2A0, Ontario

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Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274

 
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Type: Freehold - Vacant Land
Area: Niagara
Municipality: West Lincoln
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Lot Size: 159.00 x 132.00(Feet)
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Tax: $0
Maintenance Fee: $0
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Freda Ziba
Century 21, Heritage Group LTD. , Brokerage
7330 Yonge Street
Thornhill , ON , L4J7Y7
 CONTACT FREDA ZIBA
Cell: 647-997-2120
Office: 905-764-7111
Email: fzibahomes@gmail.com