Maple Street, Pelham (Fenwick) - Vacant Land for Sale
Maple Street, Pelham (Fenwick), Ontario, L0S1C0
lot
$12,499,000
Pelham
Maple Street, Pelham (Fenwick), Ontario, L0S1C0
$12,499,000
Pelham
Rare development opportunity in the heart of Fenwick, one of Pelham's fastest-growing communities. This 12.18-acre parcel is accompanied by an ADDITIONAL PIN 640300475 1 acre as per MPAC. Both are strategically positioned within an established residential area, surrounded by successful developments and inline to benefit from the continued growth of the Niagara Region. 1237 Maple St (PIN 640300907) property features a pre-approved development plan consisting of 28 single-detached lots, 36 townhouse lots, 22 street townhouse lots, plus approximately 24 additional townhouse lots on the remaining lands, offering outstanding potential for a well-designed residential community. With Residential zoning in place, the property presents exceptional opportunities for residential development, with potential for a thoughtfully planned subdivision or other permitted residential uses, subject to applicable approvals. The site is fully serviced with municipal water, sanitary sewer, and storm sewer infrastructure, significantly enhancing development efficiency and reducing upfront servicing costs. Pelham continues to experience strong residential growth, driven by expanding infrastructure, increasing housing demand, and its desirable small-town charm with easy access to major urban centers throughout the Niagara Region. Opportunities of this size, location, and development readiness are becoming increasingly scarce. Buyer and Buyer's Representative are advised to verify all development potential, permitted uses, approvals, and complete their own due diligence for their intended use. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 118 days on market, against an average age of 97 days across the listings currently for sale in this city
This vacant land in Pelham (Fenwick) 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 $12,499,000, about 131.6× the local median household income of $95,000.
Carrying it typically needs a household income of about $2,441,492 (20% down, 25-yr amortization, stress-tested) — roughly 2470% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0S)
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