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$4,199,000 $22,541 est/mo Sourced by Back At You
110 Queen Street , Springwater, ON L0L 1P0
Springwater, ON L0L 1P0
Description
The Property is a 10.6-acre partially serviced parcel of land, that has been re-zoned with a site plan application nearing completion for a senior's living community for up to 240 units. Planned out in multiple phases, the first phase is to include 13 one-bedroom apartments and 53 two-bedroom apartments throughout a 4-storey building, plus 12 additional garden home units. The site is a unique opportunity for operators or investors, to acquire specialized development lands in an area that supports the need for senior living. The opportunity is flexible in nature, providing different exit strategies to consider. Extensive reporting and planning is available for review pending CA execution. Final stages of SPA are underway.
Details
| MLS# | S9308256 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 135 |
| Listing Provided By | COLLIERS | Not Provided |
Features
| SQ Feet | 461,736 |
|---|---|
| Acreage | 10.60 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Simcoe |
| City | Springwater |
| Zip Code | L0L 1P0 |
| Area | Elmvale |
| Listing VS Median (in L0L 1P0) | |
Price: $4,199,000 low | high Med: $999,999 SqFt: 461,736 low | high Med: 5,000 $ / SqFt: $9 low | high Med: $200 On Site: 135 low | high Med: 57.000000 | |
Listing Updated: January 14, 2025 at 5:56:38 AM PST