123 Robert Street E, Penetanguishene, ON L9M 1M1, Penetanguishene, ON
2.88 sqft
The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts. Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.
Property Highlights
For Sale
MLS NO.
S12552442
Type
Commercial
Sub Type
Land
Square Footage
2.88 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
S12552442
Lot Width
425.0
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
123 Robert Street E, Penetanguishene, ON L9M 1M1
City
Penetanguishene
Neighbourhood
Penetanguishene
County / Region
Simcoe
Province / State
ON
Postal Code
L9M 1M1
Cross Street
Robert St E / Lecarron Ave
Directions
Robert St E / East of Lecarron Ave
Country
CA
List Price
$3,850,000
Annual Taxes
$3,427
Tax Year
2024
Legal Description
Pt Park Lt28 Pl 319 Penetanguishene Pt 1 51 R11577
Possession Type
Other
Possession Details
TBA
Listing Office
LENNARD COMMERCIAL REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-17T20:18:41Z
Media Updated
2025-11-17T20:18:41Z
Photos Updated
2025-11-17T20:18:41Z
Last Modified
2025-11-19T23:55:54Z
System Modified
2025-11-19T23:55:54.137182Z
MLS Status
New
Board Property Type
Com
Ddfyn
No
Expiration Date
2026-05-17
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
584390107
Public Remarks
The property is fully ready for architectural design, with all preliminary studies completed. A draft plan of subdivision has been finalized, and rezoning approval has been granted for 31 freehold townhouse units, 24 of which feature walkout designs. The rezoning approval accommodates a mix of one-, two-, and three-storey units, providing flexibility for varied housing styles and layouts. Final engineering plans are prepared and ready for submission. The site benefits from three road frontages, with sewer, water, gas, and hydro services available at the road, requiring only lateral tie-ins for servicing. In addition, a comprehensive stormwater management plan has been completed. The Town also offers an incentive program for rental units, presenting an excellent opportunity for developers seeking to include rental housing as part of the project.
