815 ELGIN STREET - $1,300,000.00

Prime Development Opportunity – 2.11 Acres with Site Plan Approval! This exceptional 2.11-acre property is fully approved for the construction of 52 rental stacked townhouses, making it a fantastic investment opportunity. The site features frontage along Elgin Street and Lorne Avenue and is zoned RM1-1633 Residential Medium Density and RL3 Residential Low Density. Site Plan Approved – Ready to build! CIP Grant Approved – Enjoy savings with a building permit fee reduction and a property tax break. Strategic Planning – Project planning and design were completed to maximize local municipal benefits for rental initiatives and align with CMHC funding requirements. Don’t miss out on this rare opportunity to bring a thoughtfully planned development to life in a growing community. Contact me today for more details! (id:4555)