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List Price: $3,999,900

515 Niemi Road, Greater Sudbury, P3Y 1G4

- By EXP REALTY
Land|MLS - #X12163858|New
Bed
Bath
8.758 Sqft.
None Garage

Client Remarks

Approximately 8 acres of land designated for Low and Medium Density Residential use including LONG TERM CARE HOMES. Preliminary discussions with the City suggest the potential for a total of 126 residential units, including 6 detached homes and 4 low-rise apartment-style buildings with up to 120 units, subject to municipal approvals. The property is situated next to a community centre and surrounded by residential homes and apartment buildings. Hydro, water, and sewer services are available from nearby roads. The site may allow for a mix of residential development and accessory structures, depending on zoning and planning permissions. Vendor Take Back (VTB) financing may be available, with terms to be negotiated. A local builder is also available to assist with future development if needed. Buyers are responsible for conducting their own due diligence regarding zoning, servicing, approvals, and potential uses. No representations or warranties are made by the seller or listing brokerage regarding future development potential.
Property Description

515 Niemi Road, Greater Sudbury, P3Y 1G4

Property type

Land

Lot size

N/A acres

Style

Approx. Area

8.758 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

8.758

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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515 Niemi Road, Greater Sudbury, P3Y 1G4
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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