Primary photo of 173 ST. CATHARINES STREET, West Lincoln (Smithville)
1 / 12

Vacant Land For Sale

$2,499,000

173 ST. CATHARINES STREET

MLS® Number: X12904672

Floor Area

2

Land Size

1.61

About This Property

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.

Property Details

Interior Details

Living Area

2

Land & Location

City Region

057 - Smithville

Frontage Length

131.8 feet

Lot Features

Irregular lot size

Lot Size Area

1.61 acres

Lot Size Dimensions

1.61

Postal Code

L0R2A0

Listing & Financials

Listing Office

COLDWELL BANKER POWER REALTY

Originating System Name

London and St. Thomas Association of REALTORS®

Other Specifications

Country

Canada

Mortgage Calculator

20% ($499,800)
5.5%
25 Years

Estimated Monthly Payment

$12,277

Principal and interest only. Actual rates may vary.

Location & Map

Similar Listings

List Property