123 Robert Street E

$3,850,000
2.969 acre Residential Development Site in Penetanguishene, ON

44.7751369, -79.9204021

Main Intersection
Robert Street E / Lecarron Avenue
Location
Simcoe County
Address

123 Robert Street E
Penetanguishene ON L9M 1M1
Canada

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Land Information

Total Size
2.969 acres
Land Use Designation
Neighbourhood Area
Zoning
Deferred Development Zone
PIN #
584390107
Property Highlights

The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied
housing styles and layouts.

Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed.

The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.

Additional Information

Total Taxes
$3,427.17