100 Oakdale Ave, St. Catharines
Amazing multi-family development opportunity in booming east-central St. Catharines, situated amongst numerous active residential developments. Seller has all documents/studies for development proposing three 3 storey apartment buildings with 99 total units, mix of 75- 1 bedroom and 24-2 bedroom units. Seller can submit final documents for full site plan approval, or allow buyer opportunity to complete/ modify. Seller has Record of Site Condition completed. Seller has Regional Development Charges Reduction Agreement with Regional Municipality of Niagara to reduce amount of development charges required. Construction budget available. Property is located within a Community Improvement Plan Intensification Area, offering further potential development incentives. Seller will provide all documents to Buyer on accepted offer. Additional ±1.960 acre parcel available with purchase of 100 Oakdale Avenue for $1.00, likely requires further environmental remediation. Seller has environmental monitoring reports available. Parcel may offer potential for green space for adjacent development. Inquire further with listing agent for more information.