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!
PROPERTY SPECS
Price $1,400,000
City Wallaceburg, Ontario
Address 815 ELGIN Street
Listing ID 25006421
Style Townhouse
Construction Other, See Remarks
Flooring Other, See Remarks
Type Residential
Status For Sale
EXTENDED FEATURES
SubtypeTownhouseAcreage2.110DrivewayGravel DriveParkingOther, See RemarksOwnershipFreeholdRental EquipmentNoneBasementOther, See RemarksFoundationOther, See RemarksHeating / CoolingNoneHeating FuelOther, See RemarksHot Water TankN/AUtility WaterMunicipal WaterSewerSanitaryDate ListedMar 21, 2025Days on Market12