17599 sqft
$1,600,000
Presenting an exceptional investment opportunity at 1415 Station Street in the heart of Fonthill. This proposed development site is primed for a mid-rise apartment building comprising 22 units, complete with underground parking facilities. Located in a prime spot, walking distance from the downtown core shops, restaurants, schools and community amenities. The strategic location and design cater to the growing demand for quality residential spaces in the region. The town's population has reached approximately 16,000 residents, with a robust growth rate of 6.7%, indicating a rising demand for housing. Investors will find this development site particularly appealing due to the consistent appreciation in property values and the area's demographic trends. The combination of Fonthill's strategic location, affluent demographics, and positive market indicators underscores the significant potential of this proposed 22-unit mid-rise apartment project at 1415 Station Street. For further details and to explore this promising development opportunity, please contact us. (id:55499)
Business
Business Type
|
Residential |
Business Sub Type
|
Residential |
Property Details
MLS® Number
|
X11945644 |
Property Type
|
Vacant Land |
Community Name
|
662 - Fonthill |
Building
Size Interior
|
17599 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Depth
|
200 Ft ,5 In |
Size Frontage
|
86 Ft ,2 In |
Size Irregular
|
86.21 X 200.42 Ft |
Size Total Text
|
86.21 X 200.42 Ft |
Zoning Description
|
Will Be Zoned For Apartment Building |
https://www.realtor.ca/real-estate/27854258/1415-station-street-pelham-662-fonthill-662-fonthill