Lot 20 South Grimsby Road 5 Road, West Lincoln, Ontario

$989,000

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About Lot 20 South Grimsby Road 5 Road

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. (id:36535)

Features of Lot 20 South Grimsby Road 5 Road

Listing # X10408903
Price $989,000
Bathrooms 0.00
Acres 0.00
Type Vacant Land

Community Information

Address Lot 20 South Grimsby Road 5 Road
City West Lincoln
Province Ontario
Postal Code L0R2A0

Amenities

Utilities Cable, Sewer
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 159 x 132 FT|1/2 - 1.99 acres

Listing Details

OfficeCourtesy Of HOMAYUN AFZALZADA Of HOMELIFE/VISION REALTY INC.

Listing Map