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- LoopNet Team
415-427 Bridge St W
Greater Napanee, ON K7R 3X1
Land For Sale · 41.00 AC
INVESTMENT HIGHLIGHTS
- Seller with Draft Plan Approval as condition of sale
- 3.0 kms to Napanee River dock and downtown core (Waterfront River Restaurant)
- Convenient access to 401, Kingston, Belleville & Prince Edward County
- Site is 9.2 kms to Good Year Plant undergoing $114 million expansion
- 4.3 kms to major retail corridor including Walmart, Metro, Canadian Tire and QSR Restaurants
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 41.00 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 41.00 AC |
DESCRIPTION
Draft Plan underway for over 220 residential units with a combined area of approximately 41 acres. This site is ideally positioned for development, with new home developments located directly to the east and south of the property. The location offers excellent connectivity to the Greater Napanee community, and the Cherrywood Parkway presents potential for future expansion of the current owner's adjacent development lands. The seller is willing to consider Vendor Take-Back (VTB) financing for a portion of purchase price. Terms and rates are subject to negotiation. Offers in the range of $7,950,000 will be considered.
ZONING
| Zoning Code | Draft Plan Developmen (Property is under submission for a draft plan development application comprising of residential narrow lot singles, townhomes and a 10 units mixed use) |
| Draft Plan Developmen (Property is under submission for a draft plan development application comprising of residential narrow lot singles, townhomes and a 10 units mixed use) |
