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Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Greater Sudbury
MLS® Listing ID 40717109
Property Sub-Type Freehold
Source Cornerstone - Mississauga
Property Description
Approximately 8 acres of land designated for Low and Medium Density Residential use including LONG TERM CARE HOMES. Preliminary discussions with the City suggest the potential for a total of 126 residential units, including 6 detached homes and 4 low-rise apartment-style buildings with up to 120 units, subject to municipal approvals. The property is situated next to a community centre and surrounded by residential homes and apartment buildings. Hydro, water, and sewer services are available from nearby roads. The site may allow for a mix of residential development and accessory structures, depending on zoning and planning permissions. Vendor Take Back (VTB) financing may be available, with terms to be negotiated. A local builder is also available to assist with future development if needed. Buyers are responsible for conducting their own due diligence regarding zoning, servicing, approvals, and potential uses. No representations or warranties are made by the seller or listing brokerage regarding future development potential. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer No sewage system
Others
Ownership Freehold
Listed by EXP REALTY OF CANADA INC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada