Grimsby - 540 - Grimsby Beach
Grimsby - 540 - Grimsby Beach
Listed For $5,500,000
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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.Deposit to be held in-trust by Sellers lawyer. Property taxes to be assessed.
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* Values are estimates only and not a guarantee of lending or affordability.