173 St. Catharines Street, West Lincoln (057 - Smithville), Ontario L0R 2A0 (27902054)


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173 St. Catharines Street West Lincoln (057 - Smithville), Ontario L0R 2A0

2 ac

$2,999,000

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:53015)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number X11967171
Property Type Vacant Land
Community Name 057 - Smithville
Features Irregular Lot Size

Building

Size Interior 2 Ac
Utility Water Municipal Water

Land

Acreage No
Size Depth 486 Ft ,6 In
Size Frontage 131 Ft ,8 In
Size Irregular 131.71 X 486.54 Ft ; 265 X 79 X 95x179x486x65x3x65x175x22 Ft
Size Total Text 131.71 X 486.54 Ft ; 265 X 79 X 95x179x486x65x3x65x175x22 Ft
Zoning Description Rm2-148

https://www.realtor.ca/real-estate/27902054/173-st-catharines-street-west-lincoln-057-smithville-057-smithville

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Danny Partalas
Salesperson

(519) 471-9200

Coldwell Banker Power Realty
#101-630 Colborne Street
London, Ontario N6B 2V2

(519) 471-9200

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