2967 South Grimsby Rd 5 Road Smithville, ON L0R 2A0
Listing Courtesy of: ITSO / Re/Max Escarpment Realty Inc.

  2967 South Grimsby Rd 5 Road Smithville, ON L0R 2A0

Active (642 Days)
$15,999,000

Description

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

MLS®:
XH4160967
Taxes
$768
Type
Land
County
Regional Municipality of Niagara

Listed By

David Boersma, Re/Max Escarpment Realty Inc.
Source
ITSO
Last checked Jan 18 2025 at 4:12 AM EST
Bathroom Details
Lot Information
  • Urban
  • Irregular Lot
Utility Information
  • Utilities: Hydro, Phone Connected
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Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 1/17/25 20:12