Located in the prime residential area of Niagara West Lincoln, this vacant lot on main street South Grimsby Rd 5 presents an incredible investment opportunity for builders and investors. Surrounded by new subdivisions and existing homes, the property is in a high-density (RM3) zoning area, allowing for the construction of multiple dwellings such as 5-7 storey apartment buildings, condos, detached and semi-detached houses, townhouses, rental properties, and retirement homes.
All necessary services are available in front of the land on South Grimsby Rd 5, and adjacent new subdivision units are already for sale, indicating a high demand for residential properties in the area. The location is also conveniently close to various amenities, including shopping centers, schools, bus stops, and a recreation center. Additionally, the property is situated in the hot spot of Smithville Downtown, just off Hwy 20, and is approximately 20 minutes away from Niagara Falls, with easy access to St. Catharines, Hamilton, Guelph, and Mississauga.
Furthermore, the lot is within walking distance to the new West Lincoln Arena & Community Centre, adding to its appeal for potential residents. With a land size of 132 x 150 FT, this property offers ample space for development and is an ideal location for those looking to capitalize on the growing real estate market in the area. This prime piece of real estate is a rare find and presents a lucrative opportunity for those looking to make a sound investment in the thriving community of West Lincoln, Ontario.
For those interested in expanding their real estate portfolio or embarking on a new development project, this property on South Grimsby Rd 5 is a must-see. Don't miss out on the chance to be part of the exciting growth and development taking place in this highly sought-after location.
