815 Elgin Street Wallaceburg, Ontario N8A 3C8

$1,300,000

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:55464)

Property Details

MLS® Number	25006421
Property Type	Single Family
Features	Gravel Driveway

Building

Cooling Type	None
Exterior Finish	Other
Flooring Type	Other
Heating Fuel	See Remarks
Type	Row / Townhouse

Parking

Other

Land

Acreage	Yes
Size Irregular	295.54x79.26
Size Total Text	295.54x79.26|1 - 3 Acres
Zoning Description	Rm1-1633

https://www.realtor.ca/real-estate/28061153/815-elgin-street-wallaceburg