173 St Catharines St

For Sale 23 Days
$2,999,000
1.61 Acre

173 St Catharines St

For Sale 23 Days
$2,999,000
1.61 Acre

Highlights

Key insights

Description

Rare shovel-ready residential infill development opportunity in the heart of Smithville, Ontario, just steps from downtown and a wealth of amenities. Seller is willing to consider a vendor take-back mortgage of up to 50%. Fully approved with zoning, site plan approval, development agreement, and draft plan of condo approval in hand, this project is ready to go. Designed for 20 condominium townhouses or a purpose-built rental development with 2 units per townhouse (40 units total), as permitted under Section 3.2.1 of the West Lincoln Zoning By-Law. Situated on a major street, within walking distance of restaurants, grocery stores, LCBO, churches, walking trails, and parks, this prime location offers both convenience and strong market appeal. A comprehensive due diligence package, including reports and studies, is available. With the Niagara Regions population expected to grow by 27.6% to 610,000 by 2041, demand for quality housing continues to rise, making this an exceptional investment opportunity in a rapidly expanding community. (id:55581)

DANNY PARTALAS of COLDWELL BANKER POWER REALTY,
#X12341667
updated 3 weeks ago.
Houseful checked MLS® for data 3 weeks ago.

Home overview

Location
  • Subdivision
    057 - smithville
Lot/ Land Details
  • Lot dimensions
    1.61
Overview
  • Lot size (acres)
    1.61
  • Listing #
    X12341667
  • Property sub type
    Land
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28726708/173-st-catharines-street-west-lincoln-smithville-057-smithville
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-7,997

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25 Years fixed, 20% down payment, % interest
$
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