15 LAKE , (Mariner's Point part) Street , Grimsby

Bed / $5,500,000 / MLS® #:30589580

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Lake Front Condominium Development land on Lake Ontario called Mariner's Point at the Grimsby Marina. Approved for 5 Story / 25 unit Luxury Condominium building, 20 out of the 25 water-view units are reserved. The average unit size is approximately 1748 square feet. We estimate the selling price to be $900.00 per square foot, per unit which shows $ 39,333,000 in gross sales revenue.The site is fully serviced with storm sewer, c/w catch basins, sanitary sewer and water-main, c/w fire hydrant. Bell, Cable and Electrical Conduit to property line. Environmental and Geo-Tech reports as well as Record of Site Conditions. All offers to have the clause " conditional upon the Seller receiving Vacant Land Condominium status on the subject land".Deposit to be held in-trust by Sellers lawyer. Property taxes to be assessed., Directions:Ontario Street to Lake Street, Exclusions:

Property Details

Property Type Land
Property Style N/A
Square Feet 10,000+
Property Tax $N/A
Maintenance N/A
Days On Our Website 494
Basement
Kitchens
Garages
Pool N/A
Fireplaces
Air Conditioning No
Heating
Exterior
Garage Type N/A
Sewers Sanitary & Storm
Water Municipal

Listing Office: NIAGARA-ON-THE-LAKE REALTY (1994) LTD, BROKERAGE

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