100 Oakdale Avenue

St. Catharines ON, L2P 2L3

Description

Amazing multi-family development opportunity in booming east-central St. Catharines, situated amongst numerous active residential developments. Seller has all documents/studies for development proposing three 3 storey apartment buildings with 99 total units, mix of 75- 1 bedroom and 24-2 bedroom units. Seller can submit final documents for full site plan approval, or allow buyer opportunity to complete/ modify. Seller has Record of Site Condition completed. Seller has Regional Development Charges Reduction Agreement with Regional Municipality of Niagara to reduce amount of development charges required. Construction budget available. Property is located within a Community Improvement Plan Intensification Area, offering further potential development incentives. Seller will provide all documents to Buyer on accepted offer. Additional 1.960 acre parcel available with purchase of 100 Oakdale Avenue for $1.00, likely requires further environmental remediation. Seller has environmental monitoring reports available. Parcel may offer potential for green space for adjacent development. Inquire further with listing agent for more information.

Details

MLS#40054608
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site18

Features

Acreage2.49
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Area Information
ProvinceON
CountyNiagara
CitySt. Catharines
Postal CodeL2P 2L3
Area4 - St. Catharines
Listing VS Median (in L2P 2L3)
Price:
$1
low | high
Med:
$1
50% of Average
On Site:
18
low | high
Med:
18
100% of Average
Listing Updated: January 22, 2021 8:00:43 PM PST
OWEN HUGHES LogoMLS Number: 40054608
Listing Provided By:
OWEN HUGHES  of  COLLIERS INTERNATIONAL NIAGARA LTD.
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