Prime Development opportunity within the well-established Retail Plaza. Zoning has recently changed to accommodate approved mid-rise residential housing with 234 units and 910 bedrooms. Nestled in a desirable area, discover this beautiful vacant lot with endless potential. Proximity to Lambton College. Opportunity to buy the stand-alone commercial plaza or the entire parcel. The Existing Four Tenants development is located on a 1.7669-acre parcel of land. Current tenants include Starbucks, Subway, Swiss Chalet, and Cas 4 You.
There exists an option to purchase up to 2 acres of land for hotel development as well. Commercial Plaza for sale at 7.5 million, and the additional land is 4 million.