ON > Lively
Lively, ON P3Y 1G4,515 Niemi Road
Lively, ON P3Y 1G4,515 Niemi Road
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Liliana Grovu

Liliana Grovu

+1(647) 980-3609
Listed by Nader Tohamy • EXP REALTY OF CANADA INC
$ 3,999,900
Est. payment | /mo
Save
$ 3,999,900
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40717109

Annual Tax Amount $14,122

Property Sub-Type Commercial

Source Mississauga

Property Description

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.

Location

State ON

County Sudbury

Area Sudbury (City)

Zoning Institutional (1)

Direction Take the Trans-Canada Highway, turn north onto Main Street, then continue to Niemi Road and turn right to reach 515 Niemi Road.

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available, Phone Available

Garage No

Building

Lot Description Urban, Other

Faces Take the Trans-Canada Highway, turn north onto Main Street, then continue to Niemi Road and turn right to reach 515 Niemi Road.

Sewer None

Water None

New Construction No

Others

Senior Community No

Tax ID 733771050

Ownership Freehold/None

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+1(647) 980-3609

lilianagrovu@gmail.com

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515 Niemi Road