
Vacant Land For Sale
$2,499,000
MLS® Number: X12904672
Floor Area
2
Land Size
1.61
Vacant Land For Sale
$2,499,000
Floor Area
2
Land Size
1.61
173 ST. CATHARINES STREET, West Lincoln (Smithville), Ontario
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
Listed By
COLDWELL BANKER POWER REALTY
Mortgage Calculator
Estimated Monthly Payment
$12,277
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$12,277
Principal and interest only. Actual rates may vary.