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Highland Dr N

90.91 Acres of Residential Land Offered at $8,438,818 USD in Huron Park, ON

Investment Highlights

  • The Buyer May Wish To Finalize Application For This Development Or Pursue Other Development Opportunities.
  • Surrounding land uses include a built-up residential subdivision abutting to the west, commercial uses and public schools.
  • Seller will consider financing or JV for a qualified buyer at Seller's sole discretion.

Executive Summary

The current owner has undertaken significant planning in support of Draft Plan of Subdivision Application for a residential development. Huron Council has granted Draft Approval (2014)of the Wingham Creek development proposed to provide 454 single detached, semidetached and townhouse units, two parks, open spaces, walking trails and storm water management ponds. Plan of Subdivision application#40T12001. Various extensions were granted. Subject to certain criteria there is an opportunity for the County of Huron to have deemed the Draft Approval not to have lapsed under the Planning Act. The subject property has frontage on Charles Street and Highland Drive. Surrounding land uses include a built-up residential subdivision abutting to the west, commercial uses and public schools.
The Wingham Creek development is proposed to provide 454 single detached, semi-detached and townhouse units, two parks, open spaces, walking trails and stormwater management ponds.
Current Planning Opinion Letter (2023) & other reports are available for viewing via NDA. The Buyer May Wish To Finalize Application For This Development Or Pursue Other Development Opportunities. Seller will consider seller financing or joint venture with qualified Buyer, at Seller's sole discretion.

Property Facts

Price $8,438,818 USD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 90.91 AC

1 Lot Available

Lot

Price $8,438,818 USD
Price Per AC $92,826 USD
Lot Size 90.91 AC

Wingham is located in Huron County on the eastern shores of Lake Huron approx. 50 KM. northeast of Goderich, 114 KM. north of London and 200 KM. northwest of Toronto.Surrounding land uses include, to the west, a built-up residential subdivision, some

Description

The current owner has undertaken significant planning in support of Draft Plan of Subdivision Application for a residential development. Huron Council has granted Draft Approval (2014)of the Wingham Creek development proposed to provide 454 single detached, semi-detached and townhouse units, two parks, open spaces, walking trails and storm water management ponds. Plan of Subdivision application#40T12001.Various extensions were granted. Subject to certain criteria there is an opportunity for the County of Huron to have deemed the Draft Approval not to have lapsed under the Planning Act. The subject property has frontage on Charles Street and Highland Drive. Surrounding land uses include a built-up residential subdivision abutting to the west, commercial uses and public schools. Seller will consider financing or JV for a qualified buyer at Seller's sole discretion. **** EXTRAS **** Current Planning Opinion Letter (2023) & other reports are available for review via NDA. The Buyer May Wish To Finalize Application For This Development Or Pursue Other Development Opportunities

zoning

Zoning Code DF (Future Development)
DF (Future Development)
  • Listing ID: 32952805

  • Date on Market: 8/25/2024

  • Last Updated:

  • Address: Highland Dr N, Huron Park, ON

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