C$1

An exceptional opportunity to acquire an approx. 35 acres of residential development land in the growing community of Chelmsford. With Draft Plan of Subdivision Approval already in place, the property offers a rare chance to advance a large-scale residential community while building upon an established planning framework. Originally approved for 138 single-family residential lots, the updated development concept reflects recently approved R1, R2 and R3 zoning, increasing the potential to 231 residential lots and allowing for a broader range of housing, including single-detached, semi-detached, duplex, townhouse and multi-unit dwellings, as well as secondary suites. Phase 1 features approximately 36 residential lots where key engineering and planning work has already been completed and can be increased into 50+ lots, offering builders the opportunity to accelerate servicing and construction. Positioned within an established and expanding residential corridor, the property is ideally suited for a phased development that can respond to the continued demand for new housing across Greater Sudbury. Residents will benefit from convenient access to schools, parks, recreation, shopping, healthcare services and Highway 144, with downtown Greater Sudbury approximately 20 minutes away. This is a rare opportunity for developers, builders and investors to deliver a thoughtfully planned residential neighbourhood within the City of Greater Sudbury. (id:41202)