Pelham L0S 1E3
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:C799,000
($570,598)
(€490,845)
Annual Taxes:C3,715
505 Park Ave, New York, NY 10022

Excellent small scale development opportunity in the heart of Fonthill.

Description

Excellent small-scale development opportunity in the heart of Fonthill. This 0.29-acre property offers 71' of serviced frontage and includes $180,000 in development charge credits. With fewer than 10 units, the site can proceed without site plan control, offering a streamlined approval process for builders and developers. Preliminary concept plans show 8 stacked townhouse units, with potential for alternate layouts or freehold residential development. Zoned Village Commercial, the property allows for a wide variety of permitted uses, including: apartment dwellings, townhouses, bakery, restaurant, retail, offices, hotel, microbrewery, cultural use, live-work units, and short-term accommodation, among others. Ideally located within walking distance to Fonthill Town Square, shopping plazas, restaurants, grocery stores, LCBO, schools, churches, parks, and the Meridian Community Centre with its new arena and recreation facilities.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.