515 NIEMI ROAD new

Greater Sudbury (sudbury),ON P3Y1G4

$ 3999900

- Bed

- Bath

9 SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 9 sqft

Price per Sqft $444,433

Subdivision Sudbury

MLS Listing ID X12163858

Lot Size 8.758 Acres

Property Description

Approximately 8 acres of land designated for Low and Medium Density Residential use including LONG TERM CARE HOMES. Preliminary discussions with the City suggest the potential for a total of 126 residential units, including 6 detached homes and 4 low-rise apartment-style buildings with up to 120 units, subject to municipal approvals. The property is situated next to a community centre and surrounded by residential homes and apartment buildings. Hydro, water, and sewer services are available from nearby roads. The site may allow for a mix of residential development and accessory structures, depending on zoning and planning permissions. Vendor Take Back (VTB) financing may be available, with terms to be negotiated. A local builder is also available to assist with future development if needed. Buyers are responsible for conducting their own due diligence regarding zoning, servicing, approvals, and potential uses. No representations or warranties are made by the seller or listing brokerage regarding future development potential. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

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