$179,000

About this property

Presenting a rare and strategic land development opportunity on the west side of Aultsville Road, south of Highway 401. This expansive vacant parcel is not merely a lot; it is a prime candidate for a lucrative subdivision, with the potential to create three distinct residential lots, offering an exceptional return on investment. While the Township of South Stormont would need to verify any formal proposal-a process subject to review from the County, Township, and Provincial agencies-the foundational metrics are compelling. The property boasts a massive 84-metre frontage, providing more than enough width to comfortably accommodate a multi-lot plan that far surpasses the 30-metre minimum required for a single dwelling. This is a chance to acquire a significant asset that can be developed in phases: build your own custom dream home on one lot while securing future value with the others. The property is officially deemed developable now (as per Reference Plan 52R-6446) and is sold on an "As Is, Where Is" basis to facilitate a straightforward transaction. We believe in transparent empowerment: preliminary GIS mapping suggests unevaluated, non-regulated wetlands, and its location within the MTO influence area requires a standard land use permit for development. For the visionary investor or the builder looking to maximize assets, this is a standout prospect that blends immediate potential with long-term growth. Seize this chance to lead a strategic development-due diligence is highly encouraged to capitalize on this exceptional possibility. (PIN 602470139)

Property details