$1,599,990
Rare development opportunity in St. Catharines with Medium Density Residential permissions offering exceptional flexibility for builders, developers, and investors. The property allows for a range of residential uses including detached homes, semi-detached homes, townhouses and condominium development. Preliminary site planning demonstrates the potential for approximately 18 townhouse units, with the opportunity for each townhouse to incorporate an accessory dwelling, subject to applicable requirements and approvals. Alternatively, preliminary concepts indicate potential for a condominium development of up to 43 units. The property has reached an important stage in the development process, with Site Plan Approval being the next required step. An excellent opportunity to acquire a versatile residential development site with multiple potential configurations. (id:50976)
Property Details
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MLS® Number
|
40858069 |
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Property Type
|
Vacant Land |
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Amenities Near By
|
Public Transit |
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Features
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Corner Site |
Building
|
Basement Type
|
None |
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Utility Water
|
None |
Land
|
Access Type
|
Road Access, Highway Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Sewer
|
No Sewage System |
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Size Depth
|
406 Ft |
|
Size Frontage
|
113 Ft |
|
Size Total Text
|
1/2 - 1.99 Acres |
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Zoning Description
|
R3 - 46 - H1 |
https://www.realtor.ca/real-estate/30200432/41-oakdale-avenue-st-catharines