Lot 16 Elizabeth Street, Southwold, ON N0L 2E0

$595,000

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List Price
$595,000
Price Change
▼ $55,000 1776469584
MLS#
X12770660
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
Southwold
Area
Elgin
Neighborhood
Shedden
Subdivision
Talbot Line & John St

Property Description

Situated in the rapidly growing community of Shedden, this 2.5-acre parcel presents an exceptional opportunity for developers, builders, or those envisioning a custom dream home. Southwold Township is actively encouraging residential growth, supported by major nearby industrial investments in St. Thomas, including the Amazon facility and the Volkswagen Battery Plant. Municipal water, hydro, and gas are available, with sanitary sewer anticipated within the next year (per the Township). Currently zoned Settlement Reserve, the property offers strong potential for rezoning which may accommodate future residential development with possibilities of low-rise or walk-up style building(s) and condominium-type projects subject to all municipal approvals. Presently used for agricultural crops, this is a rare chance to invest in a thriving and expanding area. Don't miss this outstanding opportunity.

Additional Information

Taxes
$1,320
Waterfront Type
None

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Calculator source: Real Geeks

Listing courtesy of BLUE FOREST REALTY INC..