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Greater Sudbury, ON P3Y 1G4,515 Niemi RD
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Greater Sudbury, ON P3Y 1G4,515 Niemi RD
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,999,900
Est. payment /mo
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515 Niemi RD Greater Sudbury, ON P3Y 1G4

8 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 8 sqft

Price per Sqft $499,987

Subdivision Sudbury

MLS Listing ID X12163858

Annual Tax Amount $14,122

Tax Year 2024

Property Sub-Type Land

Lot Depth 599.96

Lot Front 975.77

Property Description

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.

Location

Province ON

County Greater Sudbury

Community Sudbury

Area Greater Sudbury

Exterior

Utilities Available Available

Lot Frontage 975.77

Lot Depth 599.96

Listed by EXP REALTY
agent

Jethro Seymour

Broker

+1(416) 712-0767

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515 Niemi RD

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