V/L Mersea Rd 5
Leamington, Ontario
MLS® 26024190
$5,975,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 26024190
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
Build To Suit - This expansive 19. 4-acre parcel of vacant land offers an incredible development opportunity with C4 zoning, which permits construction up to 350,000 sq ft of building space & unlocks 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.
Property summary
- MLS® number
- 26024190
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 488.69 Feet X Irregular / 19.4 AC
- Days on market
- 1 day
What would this home cost you?
Based on the $5,975,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 LOCAL HOME TEAM REALTY INC., LEAMINGTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.