123 Robert St E - Commercial LAND FOR SALE


Penetanguishene, ON L9M 1H1 117,176 SF
$3,850,000 CAD
905-917-2025

NO PHOTO

$3,850,000 CAD
Commercial LAND - FOR SALE
117,176 SF

123 Robert St E
Penetanguishene, ON L9M 1H1


OVERVIEW

The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts. Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.

FOR SALE DETAILS

PRICE

$3,850,000 CAD

PRICE/ACRE

$1,431,232/AC

PRICE/SF

$33 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

2.69 AC

LAND SF

117,176 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott SutherlandLennard Commercial RealtyMore Info
905-917-2025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Scott SutherlandLennard Commercial RealtyMore Info
905-917-2025

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.