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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
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
Price Per AC $82,192 CAD
Lot Size 7.30 AC

This is an excellent res development opportunity - 7.3 Acres of graded land.

zoning

Zoning Code R1-5
R1-5
  • Listing ID: 30140930

  • Date on Market: 2023-11-21

  • Last Updated:

  • Address: Part Lot 11 Con 3 Capreol, Hanmer, ON P3P 0C4

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