0 Mill Race Road
879 - Marshville/Winger / Wainfleet, ON L0S 1V0
About This Property
RARE 15.817-ACRE HAMLET LOT! PROPOSED LUXURY ESTATE SUBDIVISION DEVELOPMENT OPPORTUNITY IN NIAGARA REGION! An exceptional opportunity for builders, developers and investors to create an exclusive community of custom estate homes in a peaceful Niagara setting. Located primarily within the Wainfleet Hamlet boundary, this impressive property features a conceptual plan for 10 generously sized estate residential lots of approximately one acre each on over 15.8 Acre Parcel of Land. The proposed concept also includes an interior roadway, fire pond, conservation area and future roadway connection to residential development to the north. The spacious lot design may provide future homeowners with greater privacy, large outdoor areas and flexibility to build custom detached estate homes, Whether you envision a 2,000 sq.ft or a sprawling 10,000 sq.ft home, there are no limitations on the size of the homes you can construct. in a beautiful, low-density setting. Surrounded by countryside and natural green space, the property offers convenient access to Highway 3, Welland, Port Colborne, Fonthill, Lake Erie beaches, Highway 406, Niagara Falls and the U.S. border. Approximately 35 minutes to Niagara Falls and the Peace Bridge with easy access to QEW. An exciting opportunity to develop a boutique estate community, create a private grand estate or secure a substantial land investment in Niagara Region. The 10-lot concept has not received municipal approval; however, the Seller advises that favourable preliminary feedback has been received from the Township. The Buyer will be responsible for completing the required archaeological study and obtaining all necessary planning and municipal approvals. Buyers are encouraged to complete their own due diligence regarding approvals, servicing, development costs, and municipal requirements.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13622202
Listed by COSMOPOLITAN REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$7,324
/month · $1,199,920 mortgage
Amortization
Total Interest
$997,343
Total Cost
$2,197,263
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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