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$1,600,000
Est. payment /mo
17,599 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 17,599 sqft
Price per Sqft $90
Subdivision 662 - Fonthill
MLS Listing ID X11945644
Tax Year 2024
Property Sub-Type Land
Lot Depth 200.42
Lot Front 86.21
Property Description
Presenting an exceptional investment opportunity at 1415 Station Street in the heart of Fonthill. This proposed development site is primed for a mid-rise apartment building comprising 22 units, complete with underground parking facilities. Located in a prime spot, walking distance from the downtown core shops, restaurants, schools and community amenities. The strategic location and design cater to the growing demand for quality residential spaces in the region. The town's population has reached approximately 16,000 residents, with a robust growth rate of 6.7%, indicating a rising demand for housing. Investors will find this development site particularly appealing due to the consistent appreciation in property values and the area's demographic trends. The combination of Fonthill's strategic location, affluent demographics, and positive market indicators underscores the significant potential of this proposed 22-unit mid-rise apartment project at 1415 Station Street. For further details and to explore this promising development opportunity, please contact us.
Location
Province ON
County Niagara
Community 662 - Fonthill
Area Niagara
Zoning will be zoned for apartment building
Exterior
Utilities Available Yes
Lot Frontage 86.21
Lot Depth 200.42
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Listed by REVEL Realty Inc., Brokerage