2967 South Grimsby Rd 5 Road Active

Smithville,ON L0R 2A0

$ 15999000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID XH4160974

Originating Board Hamilton - Burlington

Annual Tax Amount $768

Property Description

Seize this incredible opportunity to acquire 28+/- acres of future development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands with a target of 60% low density, 35% medium density, & 5% high density residential housing mix. The projected growth for Smithville under the new plan is 29,030 inhabitants and 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. The “Residential” place-type is intended to provide opportunities for the development of low-rise, ground-related residential land uses. Areas designated “Residential” shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure. With a coveted location, this property boasts easy access to arterial roads & is situated near schools, & community recreation facilities. The land is cleared and features level topography, making it ideal for development.

Location

Province ON

County Niagara

Area Grimsby

Zoning Residential/Open Space/Agricultural

Direction East on Hwy 20, North on South Grimsby Road 5

Interior

Fireplace No

Exterior

Waterfront No

Lot Frontage 894.0

Lot Depth 1362.0

Garage No

Building

Lot Description Urban

Faces East on Hwy 20, North on South Grimsby Road 5

New Construction No

Others

Senior Community No

Tax ID 460550756

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