Fantastic Real Estate Opportunity! 5.54 acre Multi-Residential Scenic Development site seems to have great potential for various purposes such as condos, apartments, or even a care home. This site is zoned for up to 195 units and can be built in separate stages up to 4 blocks. One of the standout features of this site is its natural topography, which could be utilized for underground parking, providing convenience and maximizing the use of space. Additionally, the large park area with Penetangore River frontage adds a beautiful touch to the surroundings, offering a serene and picturesque environment for potential residents. Another advantage of this location is its proximity to a shopping plaza, ensuring easy access to amenities and daily necessities for future residents. Being close to the corner of Broadway and Highway 21 also provides excellent connectivity and accessibility to major routes, making commuting and transportation a breeze. If you are genuinely interested in this opportunity, there is a due diligence information package available upon request. However, please note that serious inquiries will be required to sign a Non-Disclosure Agreement (NDA) to maintain confidentiality. Feel free to contact your REALTOR® if you have any further questions.
MLS# | 40504320 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 350 |
Listing Provided By | RE/MAX Land Exchange Ltd Brokerage (Wingham) | Renate Sieber-Schlegel |
Zoning | R4-D |
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Water Front | Yes |
Province | ON |
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Region | Bruce |
City | Kincardine |
Postal Code | N2Z 2G1 |
Area | Kincardine |
Subarea | Kincardine |
Community Name | Kincardine |
Listing VS Median (in Kincardine) | |
Price: $5,400,000 low | high Med: $649,000 On Site: 350 low | high Med: 28.500000 |