V/l Mersea Rd 5, Leamington, Ontario N8H 3V6

Listed for:
$5,975,000
0 beds
0 baths
Listed 55 days ago
V/l Mersea Rd 5, Leamington, Ontario N8H 3V6

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Learn more about this property
Listing provided by:
CENTURY 21 LOCAL HOME TEAM REALTY INC.
MLS® number:
25024253
Agent:
Aron Blatz
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About

This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:27476)

Property Highlights

MLS® Number
25024253
Type
Vacant Land
Ownership Type
Freehold
Land Size
488.69 Feet X Irregular / 19.4 AC

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Utility Sewer
Unknown

Location