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$1,300,000
Est. payment /mo
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 25006421
Property Sub-Type Townhouse
Source Chatham Kent Association of REALTORS®
Property Description
Prime Development Opportunity – 2.11 Acres This exceptional 2.11-acre property is ready for the construction of 52 rental stacked townhouses, making it a fantastic investment opportunity. The site features frontage along Elgin Street and Lorne Avenue and is zoned RM1-1633 Residential Medium Density and RL3 Residential Low CIP Grant Approved – Enjoy savings with a building permit fee reduction and a property tax break. Strategic Planning – Project planning and design were completed to maximize local municipal benefits for rental initiatives and align with CMHC funding requirements. Don't miss out on this rare opportunity to bring a thoughtfully planned development to life in a growing community. Contact me today for more details! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Cooling None
Flooring Other
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold