$15,999,000

Apr 17, 2023Land For Sale
bedroomsbed
washrooms0bath
MLS - #X6032065

2967 South Grimsby Rd S N/A, Grimsby, ON L0R 2A0

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Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

N/A

About 2967 South Grimsby Rd S N/A

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. **EXTRAS** 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.

Home Overview

Last updated

Feb 14

Virtual tour

None

Basement information

Building size

26.41

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

2023

Listed by RE/MAX ESCARPMENT REALTY INC., BROKERAGE

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$61105.34/ month
$12,799,200 Principal and Interest
$15,359,040 Property Taxes

Location

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