Harbour
Collingwood, ON L9Y 5B4

Investment Property For Sale in the west end of Collingwood in the highly desired Balmoral Village. The last development parcel for this successful “age in place” community with a retirement home, townhouses and a 5-storey condominium building that is currently under construction. Located in the heart of southern Georgian Bay, this 1.155 Acre vacant land parcel has received approval from the Town for a mixed-use building with 2 stories for Medical/Commercial and 3 stories for 35 Residential Units with underground parking. Town approved 97 parking spots. Zoned R 4-3 (H-18) – see Documents for the many permitted uses. In order to obtain a Building Permit from the Town of Collingwood the Buyer will have to get Site Plan Approval and lift the (H-18) Zoning. To lift the H-18 Zoning, the Buyer will have to submit and have accepted by the municipality i) a parking study, ii) an urban design brief and iii) a market study in accordance with Section 4.4.3.7 of the Official Plan prior to the establishment of the commercial uses in the R4-3 Zone. Development charges applicable to the Town of Collingwood and HST in addition to the Purchase Price. Contact LBO for additional information re ICBL (Interim Control By-Law) for meeting the allocation criteria for municipal servicing. This is a vibrant, active, adult lifestyle community located walking distance to Living Stone Golf Resort and a short drive to downtown Collingwood shops and restaurants, golf courses, walking and biking trails, marinas and waterfront parks and ski hills. Be a part of this growing community with your vision.