11
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$15,999,000
Est. payment /mo
Active
2967 South Grimsby Rd 5 Road Smithville, ON L0R 2A0
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Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
Approx. Sqft 10,000+
MLS Listing ID H4160967
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
Location
State ON
County Niagara
Direction Travel to West side of Smithville on Highway 20, turn North onto South Grimsby Rd 5
Exterior
Waterfront Description None
Lot Frontage 894.0
Lot Depth 1362.0
Others
Virtual Tour https://www.youtube.com/watch?v=No6XoHgpxbw
Listed by RE/MAX Escarpment Realty Inc.