LOT 20 SOUTH GRIMSBY ROAD 5 ROAD, West Lincoln, Ontario
$989,000
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! (id:56762)
- Listing ID: X10408903
- Property Type: Vacant Land
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at LOT 20 SOUTH GRIMSBY ROAD 5 ROAD in West Lincoln Ontario. It was last modified on November 6th, 2024. Contact Sandra Diab to schedule a viewing or to discover other West Lincoln properties for sale.