Commercial Land for Sale

MLS# H4160974 Price: $15,999,000




Property Description

Seize this incredible opportunity to acquire 28+/- acres of future development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands with a target of 60% low density, 35% medium density, & 5% high density residential housing mix. The projected growth for Smithville under the new plan is 29,030 inhabitants and 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. The “Residential” place-type is intended to provide opportunities for the development of low-rise, ground-related residential land uses. Areas designated “Residential” shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure. With a coveted location, this property boasts easy access to arterial roads & is situated near schools, & community recreation facilities. The land is cleared and features level topography, making it ideal for development.

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Property Details: 2967 South Grimsby Rd 5 Road (near Highway 20 )
Listing# 63171


Location

Address 2967 South Grimsby Rd 5 Road
City Smithville
Cross Streets Highway 20
District Grimsby (54)
Neighbourhood Grimsby Escarpment (055)
Listing Agents David Boersma / Mark Meindersma

Description

Sub Type Commercial Price $ 15,999,000
Lease Rate Per For Sale LotSize 559.17ftx163.31x318.60x1193.44ftx894.49ftx1362.64f
Location Smithville

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Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.



Google Rating

5      89 reviews


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C L
  April 23, 2024

We received exemplary service from Team VanDinther and would not hesitate to recommend their services. Their expertise in marketing, pricing and communications far exceeded our expectations and resulted in multiple offers. Lori knew all the right people to get our home ready for market and her dedication to our success was apparent at every step of the process. It was a pleasure to work with such a friendly and efficient team!

Photo of Erin O'Leary

Erin O'Leary
  April 07, 2024

Lori and her team are excellent! We worked directly with Morgan and it was a great experience! Morgan was dedicated to finding us the right home. She really listened to our wants/needs and was sure to help us stick to what we were looking for. Morgan is very professional and made us feel comfortable throughout the process. We are very excited about our new home and would highly recommend this team! Thank you Morgan & Lori!

Photo of Lisa Potts

Lisa Potts
  April 04, 2024

Lori and her team are dedicated, supportive, available and personalize the entire home selling process. They work hard and get the best results. We are so pleased to have had the opportunity to work with such a great team and appreciate all they have done!!! Great work!

Photo of Sharon Dawson

Sharon Dawson
  March 28, 2024

Our first time selling a home, Lori and her team made the whole process, every step of the way, incredibly easy! Under her leadership and recommendations with amazing contacts, we got the house up and ready to sell quickly. We sold within in two days!! In a somewhat daunting process, Lori and her team communicated with us, with updates and response times were immediate! We are eternally grateful Lori, we couldn’t have done this without you! We would definitely recommend Lori VanDinther and her incredible team!!!! Special thanks to Morgan for all her help too!!

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