16 Sheffield Street, Arnprior, ON K7S 0A2 (Meehan Street (to the south) McLachlin Street South (to the east))

Price : $1,500,000.00 , MLS®# : X12392367

PUVANESWARANATHAN
Description

Shovel ready multi-residential development site in the fast-growing Town of Arnprior. This 0.777 acre parcel is zoned R2*44(H1) and has draft site plan approval for a 4-storey, 37-unit apartment building with 46 surface parking stalls. Supported by a comprehensive suite of technical studies, including architectural drawings, servicing and stormwater reports, traffic and parking analysis, and a geotechnical investigation. The site is municipally serviced and engineered for immediate development. Arnprior has seen nearly 10% population growth since 2016, with rising demand for rental housing and limited new supply. With no rezoning or public consultation required, developers can proceed directly to permit - offering a rare opportunity to fast track a mid-rise residential project in a high absorption commuter market.

Location Description

Meehan Street (to the south) McLachlin Street South (to the east)

Property Details
  • Community: 550 - Arnprior
  • Property Type: Vacant/Commercial
  • Annual Property Taxes : $ 2192.3
Building Features
Features
  • Sewer : Sanitary ,
  • Cooling :

Listing Contracted With: PARADIGM COMMERCIAL REAL ESTATE & BROKERAGE INC.