$ 989.000

Lot 20 South Grimsby Road 5 Road, West Lincoln

  • Type: Lots and Land
  • Added: 12 days ago
  • Updated: 11 days ago
  • Last Checked: 13 hours ago
This is an incredible investment opportunity in the prime location of Niagara West Lincoln. This spacious residential corner lot, with a 150 ft frontage, is surrounded by new subdivisions and established homes, with extensive development taking place in the area. The land is subject to a zoning modification to High-Density RM3, which provides flexibility for various residential developments. Permitted builds include 5-7 story apartment buildings, condominiums, detached and semi-detached homes, townhouses, rental units, and retirement residences. A pre-consultation meeting was conducted with the Township regarding a proposed 3-story building with 6 townhomes. The meeting was positive, and no objections were raised by the Township. However, the seller decided not to proceed, as the lot dimensions may support an alternative design for up to 12 back-to-back townhomes, leaving the option open for the buyer to submit their own project for consideration. This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. Approximately 25 minutes to Niagara Falls and the U.S. border, and close to major cities like St. Catharines, Oakville, Hamilton, Burlington, Guelph, and Mississauga. All essential services are conveniently located along South Grimsby Rd 5, with easy access to amenities, shopping, schools, transit, and recreation centers. Don't miss this unique opportunity to build in a thriving community!
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Property DetailsKey information about Lot 20 South Grimsby Road 5 Road

  • Zoning: High-Density RM3
  • Lot Frontage: 150 ft
  • Building Options: 5-7 story apartment buildings, Condominiums, Detached homes, Semi-detached homes, Townhouses, Rental units, Retirement residences
  • Pre Consultation Meeting: Conducted: true, Outcome: Positive, Objections: None
  • Potential Design Options: 3-story building with 6 townhomes, Up to 12 back-to-back townhomes

Exterior & Lot FeaturesLearn about the exterior and lot specifics of Lot 20 South Grimsby Road 5 Road

  • Water Source: Municipal water
  • Lot Size Dimensions: 159 x 132 FT
  • Lot Type: Corner lot
  • Size: Spacious

Location & CommunityUnderstand the neighborhood and community

  • Directions: Hwy 20/South Grimsby Rd 5
  • Proximity: Niagara Falls: 25 minutes, U.S. border: 25 minutes, Major Cities: St. Catharines, Oakville, Hamilton, Burlington, Guelph, Mississauga
  • Nearby Services: Type: Essential services, Location: South Grimsby Rd 5
  • Amenities: Shopping, Schools, Transit, Recreation centers

Business & Leasing InformationCheck business and leasing options available at Lot 20 South Grimsby Road 5 Road

  • Investment Opportunity: Incredible

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer
  • Utilities: Sewer, Cable

Tax & Legal InformationGet tax and legal details applicable to Lot 20 South Grimsby Road 5 Road

  • Due Diligence: Buyers to perform due diligence and verify information

Additional FeaturesExplore extra features and benefits

  • Development Flexibility: true
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  • HOMAYUN AFZALZADA
  • HOMELIFE/VISION REALTY INC.
  • 416-383-1828

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