
Pelham, ON L0S 1E3
Excellent small-scale development opportunity in the heart of Fonthill. This 0.29-acre property offers 71' of serviced frontage and includes $180,000 in development charge credits. With fewer than 10 units, the site can proceed without site plan control, offering a streamlined approval process for builders and developers. Preliminary concept plans show 8 stacked townhouse units, with potential for alternate layouts or freehold residential development. Zoned Village Commercial, the property allows for a wide variety of permitted uses, including: apartment dwellings, townhouses, bakery, restaurant, retail, offices, hotel, microbrewery, cultural use, live-work units, and short-term accommodation, among others. Ideally located within walking distance to Fonthill Town Square, shopping plazas, restaurants, grocery stores, LCBO, schools, churches, parks, and the Meridian Community Centre with its new arena and recreation facilities.
TRREB MLS® Attribution
MLS® X12474326
Listed by ROYAL LEPAGE NRC 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
Est. Monthly Payment
$3,902
/month · $639,200 mortgage
Amortization
Total Interest
$531,287
Total Cost
$1,170,487
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE NRC REALTY