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Home ON West Lincoln
2967 South Grimsby Rd 5 Road
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2967 South Grimsby Rd 5 Road $15,999,000
$15,999,000
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2967 South Grimsby Rd 5 Road
Smithville, Ontario L0R2A0

MLS® Number: XH4160974
0
Bathrooms
-
Square Feet

Listing Description

Seize this incredible opportunity to acquire 28+/- acres of future development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands with a target of 60% low density, 35% medium density, & 5% high density residential housing mix. The projected growth for Smithville under the new plan is 29,030 inhabitants and 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. The “Residential” place-type is intended to provide opportunities for the development of low-rise, ground-related residential land uses. Areas designated “Residential” shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure. With a coveted location, this property boasts easy access to arterial roads & is situated near schools, & community recreation facilities. The land is cleared and features level topography, making it ideal for development. (31591393)

Location Description

East on Hwy 20, North on South Grimsby Road 5

Property Summary

Property Type
Vacant Land
Subdivision Name
Grimsby Escarpment (055)
Land Size
25 - 50 acres
Annual Property Taxes
$768
Time on REALTOR.ca
14 days

Building

Bathrooms
Total
0

Land

Lot Features
Frontage
894 ft
Land Depth
1362 ft
Other Property Information
Zoning Description
Residential/Open Space/Agricultural
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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