Acreage
$3,700,000
2.04 acres of residential development land in Grimsby. Site plan approved for development with a two-storey, 44 unit, 29,869 sq. ft. luxury retirement residence. Extensive studies already completed and will be provided to interested parties with signed confidentiality agreement. Seller may be interested in joint venture opportunities. Proforma indicates estimated 6% cap rate. Existing improvements of limited value. (id:35167)
Property Details
MLS® Number
|
H4143112 |
Property Type
|
Vacant Land |
Amenities Near By
|
Schools |
Features
|
Park Setting, Park/reserve, Conservation/green Belt |
Building
Basement Type
|
None |
Utility Water
|
Municipal Water |
Land
Acreage
|
Yes |
Land Amenities
|
Schools |
Sewer
|
Municipal Sewage System |
Size Depth
|
420 Ft |
Size Frontage
|
240 Ft |
Size Irregular
|
240 X 420 |
Size Total Text
|
240 X 420|2 - 4.99 Acres |
Utilities
Electricity
|
Available |
Natural Gas
|
Available |
Sewer
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/24761114/575-577-main-street-w-grimsby