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Property Description

This is an excellent residential development opportunity – 7.3 Acres of graded land. Sudbury is growing at an exponential rate. Multi-unit and single family dwellings are on the rise and in demand. In 2022 alone, the value of new projects in the Greater Sudbury area was $119 million, yielding 457 units of new housing. With the tremendous growth rate, there are continuous investment and employment opportunities in the Greater Sudbury area. Currently, Sudbury has permits in place for $86.6 million worth of new residential units, and growing. Zoned R1-5 and intended for Residential development use. The approved site plan offers a variety of opportunities and possibilities including 18 single family dwellings, with the possibility of developing multiple semi-detached, triplex and fourplex developments. Lot is in close proximity to St. Anne Catholic School. Site is already graded. Don’t let this rare opportunity pass you by.

: Highway Access, Schools, Urban, Irregular Lot, Cul-de-sac, Airport
: Sewer (municipal)
: At Lot Line-hydro, At Lot Line-gas
Address Map
P3P 0C4
PART LOT 11 Con 3 Capreol
W81° 4′ 5.3”
N46° 39′ 28.1”
Take Old Highway 69 in Hanmer to St. Michael Street, turn north and proceed to the end of the street. Land is on the North side of St Michael St & Timberglade Crt
Additional information
Sotheby’s International Realty Canada, Brokerage (Gravenhurst Unit 4)
St Anne Catholic School
: North
: Municipal Road
: Municipal-metered

PART LOT 11 Con 3 Capreol, Sudbury, ON P3P 0C4

310,496 Sqft
Listing ID #40483714
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : 40483714
Price : C$600000
Lot Area : 310,496 Sqft
Status : Active
Property SubType : Commercial
Zoning : R1-5
Agent info
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