$351,655
0 SHAWS CREEK Rd
Rural Caledon, Caledon, Ontario, L7K 1K3
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TRREB.
Welcome To The World Of Endless Possibilities - Envision 27 To 37 Residential Detached Homes |OR| 120 Residential Townhomes |OR| Commercial Retail Plaza Close To A Major Intersection In The Heart of Caledon. Caledon Is a Developing Urban Area With A Rural Feel, Popular With Families And Immigrants. It Has Mostly Detached Homes, A Mix Of Older And Newer Homes. Caledon Is A Growing Diverse Community With Residents Of Various Age Groups And Ethnic Origins And Very Strong Sense Of Belonging. Caledon Has A Clear Roadmap For Growth With Major Highways Proposed In The Coming Years. Offering An Opportunity In The Form Of Clear 18.848 Acres Of Land With No Trees/Bushes Or Water, Close To The Main Intersection And Fronting To Highway 24 (Charleston Side Road). This Presents An Amazing Opportunity For Builders And Investors To Apply For Zoning Changes To Either: R1 (Residential 1): Allowing For The Development Of Approximately 27 To 37 Detached Homes With A Minimum Lot Size Of 7,500 Sq Ft Per Home. Assumes 25% To 35% Of The Area For Buildings, With The Remaining Reserved For Landscaping, Roads, Utilities, And Other Infrastructure. Estimated Average Per Lot Cost: $241K. R2 (Residential 2): Similar Development Potential As R1 With Slight Variations In Zoning Guidelines Based On Local Regulations.RT (Residential Townhomes): Enabling The Construction Of Approximately 120 Townhomes With A Minimum Lot Size Of 2,000 Sq Ft Per Townhome. Assumes 30% Of The Area For Buildings, With The Remaining Reserved For Landscaping, Roads, Utilities & Other Infrastructure. Estimated Average Per TH Cost: $55K Per Door. Commercial Zoning: A Future Opportunity To Develop A Commercial Retail Plaza, Catering To The Growing Needs Of Caledons Expanding Population And Strategic Location Near A Major Intersection. This Land Is Perfectly Positioned To Cater To The Diverse & Expanding Needs Of the Caledonian population, Whether Residential Or Commercial. Vendor Take Back Option Available On Case-To-Case Basis
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