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Home ON West Lincoln
LOT 20 SOUTH GRIMSBY ROAD 5 ROAD
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LOT 20 SOUTH GRIMSBY ROAD 5 ROAD $989,000
$989,000
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LOT 20 SOUTH GRIMSBY ROAD 5 ROAD
West Lincoln, Ontario L0R2A0

MLS® Number: X10408903
0
Bathrooms
-
Square Feet

Listing Description

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. (38030866)

Location Description

Hwy 20/South Grimsby Rd 5

Property Summary

Property Type
Vacant Land
Land Size
159 x 132 FT|1/2 - 1.99 acres
Annual Property Taxes
$0
Time on REALTOR.ca
10 days

Building

Bathrooms
Total
0
Utilities
Utility Type
Cable (Available), Sewer (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water

Land

Lot Features
Frontage
159 ft
Land Depth
132 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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