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100 Oakdale Av
St Catharines, ON L2P 2L2
Land For Sale
·
2.50 AC
INVESTMENT HIGHLIGHTS
- Amenity rich location.
- Proximity to bus routes and highway 406.
- Within community improvement plan.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | Apartment Units |
| Property Type | Land | Total Lot Size | 2.50 AC |
| Zoning | R3 - Medium Density Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.50 AC |
| Zoning | R3 - Medium Density Residential |
1 LOT AVAILABLE
Lot
| Price | $2,975,000 CAD | Lot Size | 2.50 AC |
| Price Per AC | $1,190,000.00 CAD |
| Price | $2,975,000 CAD |
| Price Per AC | $1,190,000.00 CAD |
| Lot Size | 2.50 AC |
This ±2.5 acre Property is strategically located in the thriving east-central area of the City, poised to benefit from the City’s Community Improvement Plan aimed at stimulating investment and redevelopment.
DESCRIPTION
The Property is slated for residential development with a proposed plan for three 3-storey apartment buildings comprising 99 residential units. A Minor Variance was approved in 2020 allowing for 99 units to be built on the Property as-of-right. Additionally, there is a completed Record of Site Condition along with a Regional Development Charges Reduction Agreement in place. This offering represents a unique opportunity to acquire a residential development site in a major growth area of St. Catharines.
