City of Sault Ste. Marie – Access to Land Program Opportunity This property forms part of the City of Sault Ste. Marie’s Access to Land Program, an initiative designed to support residential development by making municipally owned lands available for new housing opportunities within the community. The program encourages thoughtful infill development, increased housing supply, and a range of residential housing types throughout the city. Excellent opportunity to acquire a 0.82-acre residential development site in the east end of Sault Ste. Marie through the City’s Access to Land – Residential Properties Program. Zoned R2, the property supports a range of residential development possibilities including residential intensification opportunities consistent with surrounding neighbourhood uses. The site features oversized frontage and offers flexibility for a variety of development approaches. The property may accommodate a larger residential development project or potentially be subdivided into multiple residential lots, subject to zoning regulations and municipal approvals, providing several potential strategies for future residential construction. Situated in a well-established residential neighbourhood in the city’s east end, the property offers convenient access to nearby schools, parks, amenities, and major roadways, making it well suited for thoughtful new housing development. Municipal services are available at the road but not connected. The bidding period will remain open for approximately two months, allowing interested buyers time to prepare their development proposals. Full program details: https://saultstemarie.ca/accesstoland Housing Action Plan:https://saultstemarie.ca/government/planning-policies/housing-action-plan/ (id:60351)
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Listed by Jamie Coccimiglio, Exit Realty True North
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Listing represented by Jamie Coccimiglio, Exit Realty True North · MLS# SM260452
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.