Message Number396780
statusActive
Subject LineJUST NORTH OF BARRIE, 32 ACRES APPROVED LAND PROJECT, 126 SINGLE DETACHED UNITS, 47 TOWNHOUSES LOTS, BESIDE ST ANDREWS LAKE, OPPORTUNITY TO BE SHAREHOLDER
Business area
Canada
Ontario
Northern Ontario
Midland
Have/WantHave
Business categorySites Commercial and Industrial
Date of ListingMarch 17 2021
Type DescriptionDRAFT PLAN APPROVED LAND
LocationTOWN OF PENTANGUISHENE
CommentsINVESTMENT OPPORTUNITY IN ONTARIO

ATTENTION FIRST TIME HOME BUYERS AND INVESTORS
*************************************************
RARE OPPORTUNITY TO INVEST IN 32 ACRES APPROVED PROJECT IN CITY OF PENTANGUISHENE, ONTARIO
COUNTY OF SIMCOE
57 KM NORTHWEST OF BARRIE


TOTAL LAND AREA: 32 ACRES

ADDRESS: 1145 Fuller Avenue, Penetanguishene, ON L9M 1T1
165 KM from Toronto
(1 HOURS 45 MINS FROM TORONTO)

30 KM NORTH WEST OF HIGHWAY 93 & HIGHWAY 400 EXIT

5.6 KM FROM MIDLAND, ONTARIO
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SUBDIVISION AGREEMENT WITH THE CITY OF PENETANGUISHENE
(DRAFT PLAN APPROVED FOR):
173 LOTS (TOTAL)
SINGLE DETACHED: 126 LOTS
TOWNHOUSE: 47 LOTS
MULTI RESIDENTIAL (3 STOREY): 44 LOTS

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LOT SIZE (SINGLE DETACHED): 37 x100 FT (2000-2200 SQ FT)
140,000 $/Per Lot
LOT SIZE (TOWNHOUSE): 17 x 100 FT (1200- 1400 SQ FT)
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COMPLETION: 2022 Summer

DEVELOPER IS OFFERING SHARES IN LAND PROJECT DIRECTLY WITH A CONFIRMED RETURN OF 44 % AS PER FEASIBILITY STUDY

LAND SERVICING WILL BE DONE IN APRIL 2021

STATUS OF PROJECT:

Phase I
DEMOLITION COMPLETED IN FEB 2021

https://drive.google.com/file/d/1QZTsgITG_HxlRm0UoopJDb18jEQJNfNT/view

Phase II
Removal of Trees started in March 2021
Site alteration permit issued
Building permit issued
Investors + Shareholders to be added only at this stage of Project

Phase III

Servicing of the site by June 2021

DEADLINE FOR BOOKING 8 MARCH 2021


https://m.youtube.com/watch?v=B6o6be9LWos&feature=youtu.be
Internet Links

All about Town of Penetanguishene

All about 32 Acres Project

ControlExclusive
NameDharminder Singh
TitleReal Estate Sales Representative
Company NameRoyal Star Realty Inc Brokerage
Address Line One170 Steelwell Road #200
CityBrampton
State/ProvinceOntario
Zip/Postal CodeL6V 3X3
CountryCanada
Business Phone Number(905)793-1111
Cell Number416-655-4018
Home Number416-655-4018
Email AddressSend Email
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