Land Commercial Building for Sale
MLS# H4153904 Price: $8,000,000
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1.012 Acres of prime development land in the heart of Fonthill. Existing commercial buildings generate gross income of approx $350,000 annually. Landmark site permits up to 8 stories with potential for over 100 residential units with no ground floor commercial requirement. Two road frontages (sold together with 14-18 Highway 20 W) in high traffic downtown corner. Approx. $1.8M in development charge rebates available. Full development package available upon request.
52 
Somewhat Walkable
Property Details: 1440 Pelham Street (near HWY 20 )
Listing# 129509
Location
| Address |
1440 Pelham Street |
| City |
Fonthill |
| Cross Streets |
HWY 20 |
| District |
Fonthill/Pelham (6) |
| Neighbourhood |
Pelham St N. (662) |
| Listing Agents |
Alexandra Borondy / Conrad Zurini |
Description
| Sub Type |
Land |
Price |
$ 8,000,000 |
| Location |
Fonthill |
Square Footage |
1 |
Land Commercial Building for Sale, MLS# H4153904
1440 Pelham Street
Fonthill
Ontario
L2R 6P7
Shawn Palmer, RE/MAX Escarpment Realty Inc., Brokerage
https://www.shawnpalmer.ca/images/Shawn-Palmer-logo.png
109 Portia Drive
Ancaster
ON
L9G 0E8
905-304-3303
$$$
8000000
2023-03-04
MLS# H4153904
RE/MAX-Escarpment-Realty-Inc-Brokerage-MLS-H4153904
1.012 Acres of prime development land in the heart of Fonthill. Existing commercial buildings generate gross income of approx $350,000 annually. Landmark site permits up to 8 stories with potential for over 100 residential units with no ground floor commercial requirement. Two road frontages (sold together with 14-18 Highway 20 W) in high traffic downtown corner. Approx. $1.8M in development charge rebates available. Full development package available upon request.
Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.