V/l Mersea Rd 5, Leamington, Ontario N8H 3V6 (28901501)


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V/l Mersea Rd 5 Leamington, Ontario N8H 3V6

$5,975,000

This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:52143)

Property Details

MLS® Number 25024253
Property Type Vacant Land

Building

Land

Acreage No
Sewer Unknown
Size Irregular 488.69 Feet X Irregular / 19.4 Ac
Size Total Text 488.69 Feet X Irregular / 19.4 Ac
Zoning Description C4

https://www.realtor.ca/real-estate/28901501/vl-mersea-rd-5-leamington

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