$15,999,000

2967 South Grimsby Rd 5

, West Lincoln, Ontario, L0R 2A0

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Seize this incredible opportunity to acquire 28+/- acres of development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands. The projected growth for Smithville under the new plan is 29,030 inhabitants & 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. 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.

Property Info
MLS®: X6032037
Listing Courtesy of RE/MAX ESCARPMENT REALTY INC., BROKERAGE
Total Bedrooms 0
Total Bathrooms 0
Floor Space 0 sq.ft.
Lot Size 1217628 sq.ft.
Last Updated 2023-04-17
Property Type Vacant Land
Listed Price $15,999,000
Unit Pricing $15,999,000/sq.ft.
Strata Fee $
Tax Estimate $768/Year
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