LOT 20 SOUTH GRIMSBY ROAD 5, West Lincoln (Smithville)

$980,000

For sale: Vacant Land

Vacant Land at LOT 20 SOUTH GRIMSBY ROAD 5, West Lincoln (Smithville)
Property type
Land
MLS®
MLS® X13830292
Neighbourhood
057 - Smithville

This is an incredible investment opportunity in the prime location of Niagara West Lincoln. This spacious residential corner lot, with a 150 ft frontage, and 132 feet Depth is surrounded by new subdivisions and established homes, with extensive development taking place in the area. The land is subject to rezoning R1 to Medium and High-Density RM3, which provides flexibility for various residential developments(multiple fourplexes/triplexes, 4-6-story apartment buildings, condominiums, detached/semi-detached/townhouses, rental units, and retirement residences). This is an excellent opportunity for individual buyers looking to build their dream home on a generously sized lot with 150 ft of frontage. It is an amazing demanded area, less than 30 minutes to Niagara Falls and the U.S. border, close to major cities like St. Catharine, Hamilton, Burlington, Oakville, Guelph, and Mississauga. All essential services are conveniently located along South Grimsby Rd 5, with easy access to amenities, shopping, schools, transit, and recreation centers. Don't miss this unique opportunity to build in a thriving community! **EXTRAS** The land qualifies for a zoning change to High Density (RM3), ideal for various developments. Buyers must conduct due diligence, secure permits, and verify all info independently. Deposit cheque to be certified.

Sold data

Homes in West Lincoln (Smithville) — recent sold market

Homes in West Lincoln (Smithville) took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 77, across 40 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.

The median sale price was $708,950.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 40% of sellers reduced their price before finding a buyer.

Median days to sell
43
Median sale price
$708,950
Sale-to-list ratio
96.6%
Sold above asking
5%

Based on 40 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near LOT 20 SOUTH GRIMSBY ROAD 5