Commercial Land for Sale

MLS# H4160974 Price: $15,999,000




Property Description

Don’t miss out on this incredible opportunity to acquire 28.3 acres of future development land in Smithville, Ontario. The proposed 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 projects.

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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 West Lincoln (10)
Neighbourhood West Lincoln (056)
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      81 reviews


Photo of Julie Paerg

Julie Paerg
  June 02, 2023

We want to thank Lori for all the fantastic work she put into selling our home. Thank you for going the extra mile on every step of our home selling journey. We could not have done this without you. And are so grateful for your assistance, patience and market expertise. Your leadership with everything from getting our house prepared and recommending professional contractors who delivered and on time. The staging process giving our house the WOW factor. Your level of customer service and professionalism was truly impressive. You also really cared and that came across. We could not be more impressed and will highly recommend you to our friends and family.

Photo of Jenepher Beltran

Jenepher Beltran
  May 31, 2023

Kim is the best agent in Burlington! She was very helpful throughout the entire process. Her knowledge of Burlington is so good as we are not from there. She knew what to check when we went to see listings and she always reassured us that we would find 'our home'. she always made time for us and had all the information ready for us prior to us seeing the place. she is great!!!

Photo of Shabnam Feizizadeh

Shabnam Feizizadeh
  May 30, 2023

Lori and Morgan are awesome. We are so glad that we found them and we worked with them. They helped us find our new house and sell our existing house. They are honest, proffesional and knowledgeable. We are so hapoy with our experience!

Photo of Stephanie Briggs

Stephanie Briggs
  May 29, 2023

Kimberly was incredible. Very responsive and professional. My condo sold in a very short time and Kimberly made the process so smooth and easy. Can't recommend these realtors enough!!!!!!

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