173 ST. CATHARINES STREET, West Lincoln (Smithville), Ontario, L0R2A0
MLS: X12904672 | Vacant Land
$2,499,000
Property Description
Rare shovel-ready residential infill development opportunity in the heart of Smithville, Ontario, just steps from downtown and a wealth of amenities. Seller is willing to consider a vendor take-back mortgage of up to 50%. Fully approved with zoning, site plan approval, development agreement, and draft plan of condo approval in hand, this project is ready to go. Designed for 20 condominium townhouses or a purpose-built rental development with 2 units per townhouse (40 units total), as permitted under Section 3.2.1 of the West Lincoln Zoning By-Law. Situated on a major street, within walking distance of restaurants, grocery stores, LCBO, churches, walking trails, and parks, this prime location offers both convenience and strong market appeal. A comprehensive due diligence package, including reports and studies, is available. With the Niagara Regions population expected to grow by 27.6% to 610,000 by 2041, demand for quality housing continues to rise, making this an exceptional investment opportunity in a rapidly expanding community. (id:64974)
Quick Facts
- Property Type: Vacant Land
- Bedrooms: None
- Bathrooms: None
- Living Area: 2 sq ft (0.2 m²)
- Lot Size: 1.6100 acres (0.65 ha)
- Frontage: 132 ft (40.2 m)
Costs
- Annual Taxes: $5,115.24
Listing Provided by: COLDWELL BANKER POWER REALTY
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Exterior & Construction
- Water: Municipal water
Lot & Land
- Lot Size: 1.6100 acres (0.65 ha)
- Frontage: 132 ft (40.2 m)
- Features: Irregular lot size
- Zoning: RM2-148
Community & Neighbourhood
- Neighbourhood: 057 - Smithville
Listing Information
Listing History
MLS listing activity for 173 ST. CATHARINES STREET, West Lincoln (Smithville), Ontario, L0R2A0 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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173 ST. CATHARINES STREET, West Lincoln (Smithville), Ontario, L0R2A0