Lot 11 Con 2 Tyotown Road Road Cornwall, Ontario K6H 5R5

$949,900

Major development opportunity in the sought-after Cornwall area of developer-friendly South Glengarry Township. Approx. 17.8 acres zoned Highway Commercial (CH), just 0.5 mile from the Walmart/Michelin Distribution Centre in Cornwall's Industrial Park and minutes from Hwy 401, Exit 796. Surrounded by major logistics operators, including Walmart, Charger Logistics, BVD Group and IFS Logistics. VERSATILE CH ZONING: Permitted uses include private transit depot, place of worship or assembly, outdoor recreation, entertainment, motor vehicle establishment, mini-warehouse/storage, motel, garden centre/greenhouse and contractor's yard, among others. VALUE-ADD POTENTIAL: Two preliminary estate-residential subdivision concepts prepared by EFI Engineering (Project #25-7999), subject to municipal approvals: OPTION 1: 25 half-acre estate lots plus a front commercial block (approx. 0.49 acre) on Tyotown Rd. Proposed lots have approx. 93'11" frontages and 233'3" depths. Includes an internal 20 m right-of-way with cul-de-sac, two potential stormwater management pond locations and open space. OPTION 2: 17 three-quarter-acre estate lots plus a front commercial block (approx. 0.49 acre) on Tyotown Rd. Proposed lots have approx. 140'1" frontages and 233'7" depths. Includes an internal 20 m right-of-way with cul-de-sac, two potential stormwater pond locations and open space. Both concepts retain highway commercial frontage on Tyotown Rd for commercial use or potential future income. Phase 1 completed and available with a conditionally accepted offer. (id:43681)

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https://www.realtor.ca/real-estate/30464619/lot-11-con-2-tyotown-road-road-cornwall-717-cornwall