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 dra...ft 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.
Full Property Details
General
Business Type
Residential
Total Area
1.68 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Residential
Total Area
1.68 Acres
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Washrooms
0
Exterior
Depth
486.54
Front
131.71
Lot Size
132 x 486.54 ft
Parking Spaces
-
Total Parking Spaces
-
Garage Spaces
-
Zoning
RM2-148
Depth
486.54
Front
131.71
Lot Size
132 x 486.54 ft
Parking Spaces
-
Total Parking Spaces
-
Garage Spaces
-
Zoning
RM2-148
Building Description
Home Type
Commercial
Subtype
Land
Sewers
Sanitary+Storm Available
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Land
Sewers
Sanitary+Storm Available
Water Supply
Municipal
Possession Date
No Data
Community
Community
Smithville
Community
Smithville
Taxes & Fees
Taxes
$5,115.24 /yr
Tax Year
2025
Occupancy
Vacant
Taxes
$5,115.24 /yr
Tax Year
2025
Occupancy
Vacant
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