7283 Highway 20 N/A, Grimsby, ON L0R 2A0

$1,698,000

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List Price
$1,698,000
MLS#
X13152860
Status
ACTIVE
Type
Commercial
SubType
Land
Province
ON
Municipality
Grimsby
Area
Niagara
Neighborhood
055 - Grimsby Escarpment
Subdivision
Hwy 20 And Grimsby Mountain Road 12

Property Description

Exceptional opportunity to acquire approximately 10.55 acres of strategically located development land in the growing community of Smithville, within the Township of West Lincoln. The property has received Conditional Draft Plan Approval for a proposed estate-style residential subdivision known as "Joshua Court," consisting of six premium residential lots ranging from approximately 1.0 to 1.39 acres in size, together with a private internal roadway and stormwater management block. In addition, the draft plan identifies an approximately 2.73-acre agricultural parcel located outside the Hamlet Settlement Boundary which, based on its size and zoning, may present future potential for an additional residential building lot, subject to municipal approvals. Ideally positioned along Highway 20 / Regional Road 20 with approximately 398.80 feet and 237.83 feet of frontage, the property offers excellent exposure and convenient access to Hamilton, Grimsby, Lincoln and the broader Niagara Region. The site is currently vacant farmland and is generally level in topography. Hydro is available at the roadway. A rare opportunity for builders, developers, investors or estate home users seeking a shovel-ready or near shovel-ready development opportunity in one of Niagara's fastest-growing rural communities. Buyer to complete their own due diligence regarding servicing, development approvals, permits, zoning and future use potential.

Additional Information

Taxes
$557
Lot Depth
489

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Calculator source: Real Geeks

Listing courtesy of RE/MAX ESCARPMENT REALTY INC..