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$3,999,900
Available - For Sale
Listing ID: X12163858
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.
Price $3,999,900
Taxes: $14,122.06
Tax Type: Annual
Occupancy by: Vacant
Address: 515 Niemi Road , Greater Sudbury, P3Y 1G4, Greater Sudbury
Postal Code: P3Y 1G4
Province/State: Greater Sudbury
Legal Description: PCL 28805 SEC SWS SRO; PT LT 7 CON 5 WAT
Directions/Cross Streets: Main St & Niemi Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Designated
Total Area: 8.76
Total Area Code:  Acres
Maintenance: 0
Sewers: None
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EXP REALTY

515 Niemi Road , Greater Sudbury, P3Y 1G4, Greater Sudbury


 
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At a Glance:
Type: Com - Land
Area: Greater Sudbury
Municipality: Greater Sudbury
Neighbourhood: Sudbury
Style:
Lot Size: x 599.96(Feet)
Approximate Age:
Tax: $14,122.06
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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