4 West Pearl Street, St. Thomas, ON N5P 2N8

$625,000

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List Price
$625,000
MLS#
X13489176
Status
ACTIVE UNDER CONTRACT
Type
Land
SubType
Vacant Land
Province
ON
Municipality
St. Thomas
Area
Elgin
Neighborhood
St. Thomas
Subdivision
Elysian And West Pearl

Property Description

Development Opportunity: Opportunity knocks at 4 West Pearl Street in St. Thomas. This vacant development site offers a rare chance to fast-track your next project with much of the heavy lifting already completed. The property has been rezoned to permit a three-storey, 23-unit residential building, with the key planning and design work already in place. Architectural drawings, mechanical and electrical plans, site plans, and required approvals have been completed, stamped and approved. Avoid the lengthy and costly entitlement process and move directly toward construction. With strong housing demand and continued growth in St. Thomas, this is an exceptional opportunity for developers, builders, and investors seeking a ready-to-go multi-residential project.

Additional Information

Taxes
$7,334
Waterfront Type
None

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Calculator source: Real Geeks

Listing courtesy of ELGIN REALTY LIMITED.