Log In/Sign Up
Your email has been sent.
5-17 John St
Grimsby, ON L3M 1X4
Land For Sale
·
1.59 AC
Investment Highlights
- The Site includes architectural plans supporting both mid-rise and low-rise development options.
- The Site is a 3-minute walk from the VIA Rail Station, offering excellent regional access.
- The Property benefits from proximity to the QEW, VIA Rail, the proposed GO Station, downtown amenities, the U.S. border, and Lake Ontario.
- It is located roughly 2.5 kilometres from the proposed GO Train Station, providing future connectivity to downtown Toronto.
Executive Summary
CBRE Limited (“CBRE”) is pleased to offer for sale 5-17 John Street, Grimsby, Ontario (the “Property” or “Site”), a residential development opportunity. The Site currently has architectural plans ranging from mid to low-rise developments which includes massing concepts. The current plan presented to the Town of Grimsby was a mid-rise site development consisting of +/- 198,616 square feet of gross floor area with 288 units on 10-storeys (refer to Concept A pg 6). The consensus of this meeting was to increase the density in the downtown core which aligns this Site’s plans with the town’s future objectives. The re-zoning of the subject land will be in-line with the Municipalities Downtown Master Plan and in conjunction with the Ontario Government’s “Places to Grow Growth Plan” for the Greater Golden Horseshoe. The Property benefits from close proximity to the Gardiner Expressway/Queen Elizabeth Way (QEW), VIA Rail Station, proposed GO Transit Station, downtown core, premium retail amenities, US, and Lake Ontario. The major advantages of this location are the 3-minute walk to VIA Rail Station and the estimated 2.5-kilometer distance to the proposed Go Train Station, which connects to downtown Toronto and other major cities.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 1.59 AC |
| Property Type | Land | ||
| Zoning | TRM & ND | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.59 AC |
| Zoning | TRM & ND |
1 Lot Available
Lot
| Lot Size | 1.59 AC |
| Lot Size | 1.59 AC |
Description
5–17 John Street offers a compelling land and redevelopment opportunity in the heart of downtown Grimsby, within a rapidly evolving residential and mixed-use area. The offering is comprised of multiple contiguous parcels along John Street, immediately east of Ontario Street, providing strong frontage and excellent access within an established urban neighbourhood
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
