Seize this incredible opportunity to acquire 28+/- acres of future development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands with a target of 60% low density, 35% medium density, & 5% high density residential housing mix. The projected growth for Smithville under the new plan is 29,030 inhabitants and 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. The Residential place-type is intended to provide opportunities for the development of low-rise, ground-related residential land uses. Areas designated Residential shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure. With a coveted location, this property boasts easy access to arterial roads & is situated near schools, & community recreation facilities. The land is cleared and features level topography, making it ideal for development
MLS# | XH4160967 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 34 |
Listing Provided By | RE/MAX Escarpment Realty Inc. | David Boersma |
Zoning | Res/OS/Agricultural |
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Province | ON |
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County | Niagara |
City | Smithville |
Postal Code | L0R 2A0 |
Area | Grimsby |
Subarea | Grimsby Escarpment (055) |
Community Name | Grimsby Escarpment (055) |
Listing VS Median (in Grimsby Escarpment (055)) | |
Price: $15,999,000 low | high Med: $1,413,388 On Site: 34 low | high Med: 34.000000 |