PART LOT 11 Con 3 Capreol

Sudbury, ON

MLS® 40483714

For sale
$600,000

This is an excellent residential development opportunity - 7.3 Acres of graded land. Sudbury is growing at an exponential rate. Multi-unit and single family dwellings are on the rise and in demand. In 2022 alone, the value of new projects in the Greater Sudbury area was $119 million, yielding 457 units of new housing. With the tremendous growth rate, there are continuous investment and employment opportunities in the Greater Sudbury area. Currently, Sudbury has permits in place for $86.6 million worth of new residential units, and growing. Zoned R1-5 and intended for Residential development use. The approved site plan offers a variety of opportunities and possibilities including 18 single family dwellings, with the possibility of developing multiple semi-detached, triplex and fourplex developments. Lot is in close proximity to St. Anne Catholic School. Site is already graded. Don't let this rare opportunity pass you by.
Property Details
Property Type
Land
Community Features
Urban
Irregular Lot
Airport
Cul-De-Sac
Highway Access
Schools
Building
Building Type
Commercial
Sewer
Sewer (Municipal)
Water Source
Municipal-Metered
Land
Lot Depth
398 ft
Lot Front
660.00 ft
Lot Size Area
7.128
Acres
5-9.99 Acres
Zoning
R1-5
Walk Score
Sotheby's International Realty Canada, Brokerage (Gravenhurst Unit 4)
Non-Mem Brokerage

Data is provided courtesy of © 2024 Information Technology Systems Ontario Inc.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 143500513
Last Updated: 2023-11-15 20:17:02