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123 Robert St E
Penetanguishene, ON L9M 1H1
Land For Sale
·
2.69 AC
Executive Summary
The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts.
Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing.
In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.
Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing.
In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2.69 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.69 AC |
1 Lot Available
Lot
| Price | $2,805,304 USD | Lot Size | 2.69 AC |
| Price Per AC | $1,042,864.12 USD |
| Price | $2,805,304 USD |
| Price Per AC | $1,042,864.12 USD |
| Lot Size | 2.69 AC |
2.969 acre Residential Development Site
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