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944 Falconbridge Rd 1.07 Acres of Commercial Land Offered at $948,530 USD in Sudbury, ON P3A 5K8
Investment Highlights
- Approximately 1.07-acre property with about 308 feet of frontage along Falconbridge Road.
- Eligible for multiple financial incentives, including tax grants and HST rebates under federal and provincial programs.
- Located in Greater Sudbury, a regional growth hub experiencing steady population gains and historically low vacancy rates.
- Fully rezoned for high-density residential with special provisions reducing parking requirements and setbacks.
- Concept plan supports a 52-unit apartment building with contemporary floor plans and premium features.
- Immediate access to major arterials, retail centers, and employment nodes enhances connectivity and visibility.
Executive Summary
The site is located within the Don Lita area, an established suburban region experiencing strong demand for modern housing options. Significant municipal and provincial incentives enhance financial returns, including up to 100% HST rebates, development charge reductions, and eligibility for tax increment equivalency grants under the Greater Sudbury Community Improvement Plan. Proximity to municipal water, wastewater, and storm infrastructure further supports cost efficiency. With historical low vacancy rates and sustained population growth in Greater Sudbury, this location positions investors and developers to capture high rental demand with reduced risk and a streamlined development process.
Property Facts
1 Lot Available
Lot
| Price | $948,530 USD | Lot Size | 1.07 AC |
| Price Per AC | $886,477.09 USD |
| Price | $948,530 USD |
| Price Per AC | $886,477.09 USD |
| Lot Size | 1.07 AC |
The property at 944 Falconbridge Road in Sudbury comprises approximately 1.07 acres of high-density residential land with frontage along a primary arterial route. The site is zoned H68R4(11).
Description
The property at 944 Falconbridge Road in Sudbury comprises approximately 1.07 acres of high-density residential land with frontage along a primary arterial route. The site is zoned H68R4(11), includes full municipal servicing at the lot line, and allows for reduced setbacks and modified parking ratios under special provisions. It is positioned within Greater Sudbury’s Don Lita area, approximately 10 minutes from downtown, and provides direct access to road networks serving Falconbridge, Garson, and New Sudbury. The property lies within a Mixed Use Commercial designated corridor and is currently part of localized improvements to municipal water and wastewater systems.
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944 Falconbridge Rd
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