1087 Hawthorne Drive, Sudbury
Welcome to 1087 Hawthorne Drive! This well-maintained 4+1 bedroom, 2-bathroom…
$529,900
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
Laframboise Team North Bay and Area
Realty Executives | North Bay & Area
53 MERCER CRESCENT, Penetanguishene
53 MERCER CRESCENT, Penetanguishene, Ontario, L9M1R4
$1,599,900
Description • 53 MERCER CRESCENT, Penetanguishene
ATTENTION DEVELOPERS & BUILDERS: Prime 2.91-Acre In-Town Residential Development Opportunity!Here is a rare turnkey development opportunity situated directly beside an established, mature neighborhood in highly desirable Penetanguishene. This 2.91-acre parcel offers a low-risk, high-reward investment with extensive preliminary work already completed and ready for your vision. Land is high, dry, and beautifully treed with a healthy blend of mature coniferous and deciduous species, with select premium lots backing onto a picturesque, forested ravine.The site is designated Development, with municipal water, sewer, and natural gas services available directly adjacent. The Town of Penetanguishene maintains a detailed file on the property supported by extensive completed studies, significantly streamlining your planning process. Access is fully secured as the 1 ft reserve along Mercer Crescent has been removed and integrated into the dedicated street line.A preliminary sketch illustrates potential for 18 detached single-family home lots, though final density remains flexible and determined by your design, subject to Town Planning Department approval. This versatile site also presents an exceptional opportunity for a retirement residence development.Enjoy financial advantages with no HST applicable to the purchase. Situated in a prime, quiet in-town location close to local amenities and Georgian Bay shorelines, all less than a 2-hour drive from Toronto and the GTA. Call today for full details and the complete property file. (id:54164)
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