$13,500,000
Grimsby
37 Bartlett Avenue, Grimsby (Grimsby East), Ontario, L3M5G6
This lot in Grimsby is for sale offering roughly 6 sq ft of space.
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! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 219 days on market, against an average age of 46 days across the listings currently for sale in this city
This vacant land in Grimsby (Grimsby East) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $13,500,000, about 129.8× the local median household income of $104,000.
Carrying it typically needs a household income of about $2,637,023 (20% down, 25-yr amortization, stress-tested) — roughly 2436% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3M)
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