Part Lot 11 Con 3 Capreol - Building Lot - Pt Lot 11 Con 3 Capreol
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Part Lot 11 Con 3 Capreol - Building Lot - Pt Lot 11 Con 3 Capreol
7.3 Acres of Residential Land Offered at $600,000 CAD in Hanmer, ON P3P 0C4
Investment Highlights
- 18 Potential Homes
- Growing & Developing Neighbourhood
- Pre-Graded
Executive Summary
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 Facts
Price | $600,000 CAD | Property Type | Land |
Sale Type | Investment or Owner User | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 7.30 AC |
Price | $600,000 CAD |
Sale Type | Investment or Owner User |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 7.30 AC |
1 Lot Available
Lot
Price | $600,000 CAD | Lot Size | 7.30 AC |
Price Per AC | $82,192 CAD |
Price | $600,000 CAD |
Price Per AC | $82,192 CAD |
Lot Size | 7.30 AC |
This is an excellent res development opportunity - 7.3 Acres of graded land.
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zoning
Zoning Code | R1-5 |
R1-5 |
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Presented by
Sotheby's International Realty Canada
Part Lot 11 Con 3 Capreol - Building Lot - Pt Lot 11 Con 3 Capreol
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