V/L Mersea Rd 5, Leamington FOR SALE

Brokered by: CENTURY 21 LOCAL HOME TEAM REALTY INC.

MLS®: 26007953 (Freehold)

Price: $4,975,000.00

Address: V/L Mersea Rd 5, Leamington
FOR SALE
Postal Code: N8H3V6
Style: 
Bedrooms: 0
Bathrooms: 0
Lot Size:   x
Property Size:  488.69 Feet X Irregular / 19.4 AC


About V/L Mersea Rd 5

This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:56071). Get more information on V/L Mersea Rd 5

Property Features

Rental Equipment:  
Zoning Description:  C4
Lot:  488.69 Feet X Irregular / 19.4 AC 488.69 Feet X Irregular / 19.4 AC
Water:  , Unknown
Heating / Cooling:   /
Age: 
Basement:  

Rooms & Sizes

     

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.