This is an incredible investment opportunity in the prime location of Niagara West Lincoln. This spacious residential corner lot, with a 150 ft frontage, is surrounded by new subdivisions and established homes, with extensive development taking place in the area. The land is subject to rezoning R1 to Medium and High-Density RM3, which provides flexibility for various residential developments(multiple fourplexes/triplexes, 4-6-story apartment buildings, condominiums, detached/semi-detached/townhouses, rental units, and retirement residences). This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. It is an amazing demanded area, less than 30 minutes to Niagara Falls and the U.S. border, close to major cities like St. Catharines, Hamilton, Burlington, Oakville, Guelph, and Mississauga. All essential services are conveniently located along South Grimsby Rd 5, with easy access to amenities, shopping, schools, transit, and recreation centers. Don't miss this unique opportunity to build in a thriving community! |
Extras: The land qualifies for a zoning change to High Density (RM3), ideal for various developments. Buyers must conduct due diligence, secure permits, and verify all info independently. Deposit cheque to be certified. |
Price | $989,000 |
Taxes: | $43.00 |
Tax Type: | Annual |
Occupancy by: | Vacant |
Address: | Lot 20 South Grimsby Road 5 , West Lincoln, L0R 2A0, Ontario |
Postal Code: | L0R 2A0 |
Province/State: | Ontario |
Legal Description: | Lot. 20 Plan M 98 |
Lot Size: | 150.00 x 132.00 (Feet) |
Directions/Cross Streets: | Hwy 20/South Grimsby Rd 5 |
Category: | Designated |
Use: | Residential |
Total Area: | 19800.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit Rec Centre |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HOMELIFE/VISION REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Land |
Area: | Niagara |
Municipality: | West Lincoln |
Lot Size: | 150.00 x 132.00(Feet) |
Tax: | $43 |