944 Falconbridge Rd - Commercial LAND FOR SALE


Sudbury, ON P3A 5K8 46,609 SF
$1,299,999 CAD
249-806-5091
944 Falconbridge Rd, Sudbury, ON for Sale
$1,299,999 CAD
Commercial LAND - FOR SALE
1/9
46,609 SF

944 Falconbridge Rd
Sudbury, ON P3A 5K8


HIGHLIGHTS

  • Approximately 1.07-acre property with about 308 feet of frontage along Falconbridge Road.
  • Fully rezoned for high-density residential with special provisions reducing parking requirements and setbacks.
  • Eligible for multiple financial incentives, including tax grants and HST rebates under federal and provincial programs.
  • Concept plan supports a 52-unit apartment building with contemporary floor plans and premium features.
  • Located in Greater Sudbury, a regional growth hub experiencing steady population gains and historically low vacancy rates.
  • Immediate access to major arterials, retail centers, and employment nodes enhances connectivity and visibility.

OVERVIEW

944 Falconbridge Road offers a well-positioned development parcel in one of Ontario’s most dynamic and undersupplied rental markets. This fully serviced 1.07-acre site features direct frontage on Falconbridge Road, a key arterial connecting to major employment centers, retail amenities, and downtown Sudbury within a 10-minute drive. The property benefits from a successful rezoning to H68R4(11) high-density residential with reduced setback and parking requirements, minimizing planning risk and accelerating project timelines. The site is located within the Don Lita area, an established suburban region experiencing strong demand for modern housing options. Significant municipal and provincial incentives enhance financial returns, including up to 100% HST rebates, development charge reductions, and eligibility for tax increment equivalency grants under the Greater Sudbury Community Improvement Plan. Proximity to municipal water, wastewater, and storm infrastructure further supports cost efficiency. With historical low vacancy rates and sustained population growth in Greater Sudbury, this location positions investors and developers to capture high rental demand with reduced risk and a streamlined development process.

FOR SALE DETAILS

PRICE

$1,299,999 CAD

PRICE/ACRE

$1,214,952/AC

PRICE/SF

$28 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

1.07 AC

LAND SF

46,609 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

H68R4(11)

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Justin MuzzattiMallette Goring Inc.More Info
249-806-5091

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Justin MuzzattiMallette Goring Inc.More Info
249-806-5091

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