Description

The Property covers just over 3 acres of vacant land, presenting an exceptional opportunity for residential development in Sarnia's expanding real estate market. With its ample acreage, the site is ideally suited for a range of residential development options, including the potential for a 2-storey townhouse complex featuring 82 units and a total Gross Floor Area (GFA) of 127,100 SF. The Property is also shovel-ready for retirement, nursing, and long-term care uses. The zoning does not stipulate an exact density, but it permits a maximum building height of 28 metres and allows for 166 parking spaces.321 Devine Street is ideally located just 700 metres from the waterfront, offering convenient access to scenic views, transit, and outdoor amenities. The Property is also close to the Sarnia train station and downtown core, with nearby restaurants, retail, and essential services enhancing its long-term appeal. The Property's strategic location, combined with its development potential, positions it as an attractive investment opportunity. With ample space and proximity to major amenities, this site is well-positioned to become a desirable residential or seniors-oriented community in Sarnia. The Property is being sold under a Power of Sale process

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