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Executive Summary
Shovel-Ready Industrial Development Opportunity - Philips Highway Rare opportunity to acquire a fully engineered, shovel-ready industrial site on high-visibility Philips Highway. Property is approved for a 24,000 SF garage/storage development consisting of 16 oversized units (1,500 SF each). All major civil engineering, stormwater, access, and site layout work has been completed, with permits anticipated shortly. No wetlands impact. Zoned IL/LI, allowing a variety of light industrial and commercial uses. Projected gross income exceeds $380,000 annually, making this an ideal opportunity for investors, developers, or owner-users seeking a low-overhead, high-demand asset. Entitled land opportunities of this caliber, in this area, are increasingly rare.
Property Facts
| Price | $2,327,929 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.85 AC |
| Price | $2,327,929 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.85 AC |
1 Lot Available
Lot
| Price | $2,327,929 CAD | Lot Size | 1.85 AC |
| Price Per AC | $1,258,339.98 CAD |
| Price | $2,327,929 CAD |
| Price Per AC | $1,258,339.98 CAD |
| Lot Size | 1.85 AC |
1 1
Property Taxes
| Parcel Number | 152986-0010 | Improvements Assessment | $11,889 CAD |
| Land Assessment | $413,914 CAD | Total Assessment | $425,803 CAD |
Property Taxes
Parcel Number
152986-0010
Land Assessment
$413,914 CAD
Improvements Assessment
$11,889 CAD
Total Assessment
$425,803 CAD
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5310 Philips Hwy
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