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$ 989,000
Est. payment | /mo
19,800 SqFt
$ 989,000
Est. payment | /mo
19,800 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 19,800 sqft
Price per Sqft $49
MLS Listing ID X10405958
Annual Tax Amount $43
Tax Year 2024
Property 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 rezoning R1 to Medium and High-Density RM3, which provides flexibility for various residential developments(multiple fourplexes/triplexes, 4-6-story apartment buildings, condominiums, detached/semi-detached/townhouses, rental units, and retirement residences). This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. It is an amazing demanded area, less than 30 minutes to Niagara Falls and the U.S. border, close to major cities like St. Catharines, Hamilton, Burlington, Oakville, 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!
Location
Province ON
County Niagara
Area Niagara
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Depth 132.0
Listed by HOMELIFE/VISION REALTY INC.