Prime Development Opportunity – 2.11 Acres with Site Plan Approval! This exceptional 2.11-acre property is fully approved for the construction of 52 rental stacked townhouses, making it a fantastic investment opportunity. The site features frontage along Elgin Street and Lorne Avenue and is zoned RM1-1633 Residential Medium Density and RL3 Residential Low Density. Site Plan Approved – Ready to build! CIP Grant Approved – Enjoy savings with a building permit fee reduction and a property tax break. Strategic Planning – Project planning and design were completed to maximize local municipal benefits for rental initiatives and align with CMHC funding requirements. Don’t miss out on this rare opportunity to bring a thoughtfully planned development to life in a growing community. Contact me today for more details! (id:51018)
| MLS® Number | 25006421 |
| Property Type | Single Family |
| Features | Gravel Driveway |
| Cooling Type | None |
| Exterior Finish | Other |
| Flooring Type | Other |
| Heating Fuel | See Remarks |
| Type | Row / Townhouse |
| Other |
| Acreage | Yes |
| Size Irregular | 295.54x79.26 |
| Size Total Text | 295.54x79.26|1 - 3 Acres |
| Zoning Description | Rm1-1633 |
https://www.realtor.ca/real-estate/28061153/815-elgin-street-wallaceburg
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