Part Lot 11 Con 3 Capreol, Sudbury, Ontario P3P 0C4

Listed for:
$600,000
0 beds
0 baths
Listed 94 days ago
Part Lot 11 Con 3 Capreol, Sudbury, Ontario P3P 0C4

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Listing provided by:
Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
MLS® number:
40483714
Agent:
Dave Dubbin
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About

Take Old Highway 69 in Hanmer to St. Michael Street, turn north and proceed to the end of the street. Land is on the North side of St Michael St & Timberglade Crt This is an excellent residential development opportunity - 7.3 Acres of graded land. Sudbury is growing at an exponential rate. Multi-unit and single family dwellings are on the rise and in demand. In 2022 alone, the value of new projects in the Greater Sudbury area was $119 million, yielding 457 units of new housing. With the tremendous growth rate, there are continuous investment and employment opportunities in the Greater Sudbury area. Currently, Sudbury has permits in place for $86.6 million worth of new residential units, and growing. Zoned R1-5 and intended for Residential development use. The approved site plan offers a variety of opportunities and possibilities including 18 single family dwellings, with the possibility of developing multiple semi-detached, triplex and fourplex developments. Lot is in close proximity to St. Anne Catholic School. Site is already graded. Don't let this rare opportunity pass you by. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby
Airport, Schools

Location