37 Bartlett Avenue, Grimsby, ON L3M 5G6

$13,500,000
4
BD
3
BA
3,500
SqFt

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List Price
$13,500,000
MLS#
X12935628
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
4
Bathrooms
3
Living Area
3500-5000
Province
ON
Municipality
Grimsby
Area
Niagara
Neighborhood
542 - Grimsby East
Subdivision
Bartlett Ave + Main St East

Property Description

An exceptional, fully approved development site in the rapidly expanding community of Grimsby. 37 Bartlett Avenue presents a rare opportunity to acquire a shovel-ready project featuring 5 blocks 4 storeys 112 stacked urban townhomes, strategically positioned between the GTA and Niagara Region--one of Ontario's fastest-growing housing corridors. This offering delivers immediate scale, efficiency, and speed-to-market, eliminating lengthy entitlement timelines. Surrounded by established residential communities, natural amenities, and convenient highway access, the site is ideally suited to meet the strong and growing demand for attainable housing in the region. Recent announcements by Doug Ford and Mark Carney to expand 13% HST rebates to all new home buyers and further reduction on development fees are expected to significantly stimulate demand and improve absorption rates across new construction projects. This unprecedented cost reduction materially enhances affordability, accelerate sales velocity, and strengthens developer building outcomes. This site enjoys highly sought after premiums namely forever Escarpment view and everlasting forest, adjacent ravine, massive woods and greenery, and breathtaking tranquility. It Is close to all amenities Including parks, beaches, trails, public transit, shopping, restaurants, and newly built schools and hospital. This site has an easy access to Hwy QEW with quick rides to GTA and Niagara Falls. Location wise, Grimsby is just like crown jewel shining right between Lake Ontario and Niagara Escarpment which enjoys both water and mountain-like gorgeous views. With new GO Train station coming, Grimsby can only be better and brighter. A true golden location. Whether you are a developer/builder, institutional investor, purpose-home builder, or long-term care/ retirement housing operator, this site offers a compelling blend of approved density, macroeconomic support, and strategic location. Pride of ownership!

Additional Information

Taxes
$11,939
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Exterior
Brick, Shingle
Garage Spaces
2
Garage Type
Built-In
Pool
None
Parking Spaces
12

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Calculator source: Real Geeks

Listing courtesy of CANADA HOME GROUP REALTY INC..