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Home ON Greater Midland Simcoe County Penetanguishene
123 ROBERT STREET E
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123 ROBERT STREET E $3,850,000
$3,850,000
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123 ROBERT STREET E
Penetanguishene, Ontario L9M1M1

MLS® Number: S12552442

Listing Description

The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts. Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project. (41663899)

Location Description

Cross Streets: Robert St E / Lecarron Ave. ** Directions: Robert St E / East of Lecarron Ave.

Property Summary

Property Type
Vacant Land
Community Name
Penetanguishene
Land Size
2.88 ac
Annual Property Taxes
$3,427.17
Time on REALTOR.ca
25 days

Building

Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water

Measurements

Square Footage
3 ac

Land

Lot Features
Frontage
425 ft
Land Depth
691 ft
Other Property Information
Zoning Description
Residential
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