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2967 South Grimsby Road 5 Road, Smithville, ON

$15,999,000

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27.95

Acres

About 2967 South Grimsby Road 5 Road

Seize this incredible opportunity to acquire 28+/- acres of future development land in Smithville, Ontario. The Official Plan Amendment (OPA 62 & 63) for Smithville sets out 540 total hectares of new development lands with a target of 60% low density, 35% medium density, & 5% high density residential housing mix. The projected growth for Smithville under the new plan is 29,030 inhabitants and 7,360 jobs by 2051. The planned uses for the subject property are; Residential, Open Space, Recommended Restoration Area & a Conceptual Buffer. The “Residential” place-type is intended to provide opportunities for the development of low-rise, ground-related residential land uses. Areas designated “Residential” shall be planned to achieve an overall density of between 15 & 20 dwelling units per hectare. The following uses shall be permitted; single detached dwellings, semi-detached dwellings, duplex dwellings, & townhouse dwellings. The subject property is located in Block 1A of Phase One. It is located in the NW quadrant of the proposed Smithville Master Community Plan and is to be one of the first sites to receive water and sewer infrastructure. With a coveted location, this property boasts easy access to arterial roads & is situated near schools, & community recreation facilities. The land is cleared and features level topography, making it ideal for development

Features of 2967 South Grimsby Road 5 Road

MLS® # H4160967
Price $15,999,000
Bathrooms 0.00
Acres 27.95
Type Land
Sub-Type Single Family Residence
Status Active

Community Information

Address 2967 South Grimsby Road 5 Road
Area Grimsby Escarpment
Subdivision Grimsby Escarpment
City Smithville
County Niagara
Province ON
Postal Code L0R 2A0

Amenities

Utilities Phone Connected
# of Garages 0.00
Is Waterfront No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Urban, Irregular Lot

Additional Information

Date Last Updated September 19th, 2024
Zoning Res/OS/Agricultural

Listing Details

OfficeRe/Max Escarpment Realty Inc.

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