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Listed by Autumn Bauman • KELLER WILLIAMS INNOVATION REALTY
$ 1,100,000
Est. payment /mo
Active
50 Roman Avenue Elliot Lake, ON P5A 1R9
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40829000
Annual Tax Amount $3,584
Property Sub-Type Commercial
Source Cornerstone
Property Description
Exceptional 7.6-acre development opportunity on Roman Avenue in Elliot Lake. Zoning has been amended to permit up to 116 mixed residential units, offering a rare opportunity for developers and investors. Environmental studies have been completed and professionally prepared site and building drawings are available, providing a significant head start for future development. Ideally located within an established area surrounded by Elliot Lake's natural beauty, this property offers strong long-term potential with access to nearby amenities, recreation, and services. Rare opportunity to acquire a large-scale development site with key planning work already completed. Buyer to complete their own due diligence regarding future development plans, permits, servicing, and approvals.
Location
Province ON
County Algoma
Area Elliot Lake
Zoning R2
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Lot Frontage 425.45
Garage No
Building
Lot Description Urban, Ample Parking, Highway Access, Public Transit
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 316260041
Ownership Freehold/None
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