173 Saint Catharines Street, West Lincoln | Image 1

173 Saint Catharines Street

West Lincoln, 057 - Smithville

  • Commercial

$X,XXX,XXX
For Sale

Added 1 month ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: RM2-148

  • Age: No Data

  • Taxes: 5115.24

  • MLS®#: X11967171

  • Added: Feb 11, 2025 (1 month ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: COLDWELL BANKER POWER REALTY

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.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: West Lincoln

  • Community: 057 - Smithville

  • Availability Date: Flexible

  • Assessment Amount: $380,000

  • Assessment Year: 2024

Utilities

  • Utilities: Available

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: LOTS 47, 51 & 52 PL M90 AS CONFIRMED BY PL 30BA1687; S/T RO16098

  • Taxes: $5,115

  • Taxes Type: Annual

Land

  • Cross Street: Dennis Dr

  • Municipality District: West Lincoln

  • Parcel Number: 460500250

  • Sewer: San+Storm Avail

  • Lot Depth: 486.54 Feet

  • Lot Frontage: 131.71 Feet

  • Lot Irregularities: 265 x 79 x 95x179x486

  • Zoning: RM2-148

Commercial Specific

  • Total Area: 1.68

  • Total Area Metric: Acres

  • Lot Code: Lot

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