$3,999,900
Available - For Sale
Listing ID: X12163858
515 Niemi Road , Greater Sudbury, P3Y 1G4, Greater Sudbury
| Approximately 8 acres of land designated for Low and Medium Density Residential use including LONG TERM CARE HOMES. Preliminary discussions with the City suggest the potential for a total of 126 residential units, including 6 detached homes and 4 low-rise apartment-style buildings with up to 120 units, subject to municipal approvals. The property is situated next to a community centre and surrounded by residential homes and apartment buildings. Hydro, water, and sewer services are available from nearby roads. The site may allow for a mix of residential development and accessory structures, depending on zoning and planning permissions. Vendor Take Back (VTB) financing may be available, with terms to be negotiated. A local builder is also available to assist with future development if needed. Buyers are responsible for conducting their own due diligence regarding zoning, servicing, approvals, and potential uses. No representations or warranties are made by the seller or listing brokerage regarding future development potential. |
| Price | $3,999,900 |
| Taxes: | $14122.06 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 515 Niemi Road , Greater Sudbury, P3Y 1G4, Greater Sudbury |
| Postal Code: | P3Y 1G4 |
| Province/State: | Greater Sudbury |
| Legal Description: | PCL 28805 SEC SWS SRO; PT LT 7 CON 5 WAT |
| Directions/Cross Streets: | Main St & Niemi Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Total Area: | 8.76 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Sewers: | None |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Greater Sudbury |
| Municipality: | Greater Sudbury |
| Neighbourhood: | Sudbury |
| Tax: | $14,122.06 |
| Fireplace: | N |
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