ON
Leamington
N8H3V6
V/L Mersea Rd 5
V/L Mersea Rd 5, Leamington, ON N8H3V6
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Listing Type
Lots/Land
Listing Status
Active
12
$4,975,000

Home Details for V/L Mersea Rd 5

Price
$4,975,000
Type
Land
Days on site
115
Listing #
25024253
Property Description

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:31684)

Property Features
    Listing Courtesy: CENTURY 21 LOCAL HOME TEAM REALTY INC.
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    EXIT REALTY MATRIX, BROKERAGE
    785 Notre Dame, PO BOX 1345 , Embrun, ON K0A 1W0
    Nicolas Sigounis
    License #: 6002787
    Sales Representative
    Office
    613 443 4300
    Agent
    613 859 9331
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