Size
-
Lot size
1 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$8,300 (2024)
Parking Type
-
Style
Land - (Resident
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Description
This 1.31 acre property is site plan approved for fourteen condominium townhouses with zoning in place to potentially allow up to an additional 14 ADU's. The buyer may wish to seek the financial advantage of government programs and build a purpose-built rental project on the site. The City of Catharine's has approved reduced and deferred DC's for such projects. The city has also approved up to two years from the signing of the site plan agreement to commence construction and 4 years from signing the site plan agreement to complete the development. The property is located near Highway 406 and all city amenities, including big box stores, Benny Marotta Hospital, and the GO Station. This property's location will undoubtedly attract first-time buyers and renters alike. The two existing dwellings on site offer current holding income of $5,400 monthly.
Broker: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
MLS®#: 40787181
Property details
Parking:
-
Parking type:
-
Property type:
Vacant Land
Heating type:
-
Style:
Land - (Resident
MLS Size:
-
Lot front:
143 Ft
Lot depth:
340 Ft
Listed on:
Nov 10, 2025
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1/41
$1,489,900
47 days
3+1BD
1BA
9 Parking
700-1,100 sqft
MLS#: X13165860
ROYAL LEPAGE NRC REALTY