321 Devine Street
Sarnia, ON N7T 1T9
About This Property
The Property covers just over 3 acres of vacant land, presenting an exceptional opportunity for residential development in Sarnia's expanding real estate market. With its ample acreage, the site is ideally suited for a range of residential development options, including the potential for a 2-storey townhouse complex featuring 82 units and a total Gross Floor Area (GFA) of 127,100 SF. The Property is also shovel-ready for retirement, nursing, and long-term care uses. The zoning does not stipulate an exact density, but it permits a maximum building height of 28 metres and allows for 166 parking spaces.321 Devine Street is ideally located just 700 metres from the waterfront, offering convenient access to scenic views, transit, and outdoor amenities. The Property is also close to the Sarnia train station and downtown core, with nearby restaurants, retail, and essential services enhancing its long-term appeal. The Property's strategic location, combined with its development potential, positions it as an attractive investment opportunity. With ample space and proximity to major amenities, this site is well-positioned to become a desirable residential or seniors-oriented community in Sarnia. The Property is being sold under a Power of Sale process
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12288112
Listed by COLLIERS
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
$12,208
/month · $2,000,000 mortgage
Amortization
Total Interest
$1,662,349
Total Cost
$3,662,349
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COLLIERS

