173 St. Catharines Street
West Lincoln (Smithville), Regional Municipality of Niagara, Ontario, Canada
$2,169,730 USD
Active

173 St. Catharines Street, West Lincoln (Smithville), Regional Municipality of Niagara, Ontario, Canada

Property Features

  • MLS # 27902054
  • Original Price: 2,999,000 CAD
  • Original Currency: CAD

Property Description

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:8860)

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

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