$1,059,000
2 days on market
**Prime Development Opportunity - Exceptional Investment Potential**Rare opportunity to acquire a strategically located development property with significant upside potential. This site offers the possibility to develop approximately **4 to 6 townhouse units** (subject to municipal approvals and due diligence), making it an ideal project for builders, developers, and investors seeking to capitalize on the growing demand for quality residential housing.The property features a desirable location with convenient access to schools, shopping, parks, major transportation routes, and community amenities. Its configuration and size provide excellent flexibility for a townhouse development while maximizing land utilization and future value.Whether you're looking to expand your development portfolio or undertake your next residential project, this property presents an outstanding opportunity to create modern, high-demand housing in a sought-after area.Buyer to complete their own due diligence regarding zoning, permitted uses, servicing, development approvals, and building requirements. Opportunities of this nature are increasingly difficult to find-don't miss your chance to secure a promising development site with substantial future potential. (The existing property is being sold in "as is, where is" condition, with no representations or warranties by the Seller.)
Listing provided by RE/MAX NIAGARA REALTY LTD, BROKERAGE
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Data last updated: June 2, 2026 at 12:07 a.m.
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18 Phelps Street