Excellent small scale development opportunity in the heart of Fonthill.


Property

Website:https://www.nestseekers.com/5058282
Address:
Pelham L0S 1E3
Canada
Ownership: For Sale
Type: Land

Financials

Price:C799,000
($584,200)
(€499,100)
Annual Taxes:C3,715

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.

Amenities

  • Available

Contact

505 Park Ave, New York, NY 10022