25 Wilbur Avenue Scugog ON L9L 1J4
$ 499,000

Listing ID

#E12543982

Property Type

Land

County

Durham

Neighborhood

Port Perry

Days on website

40

Description
Rare opportunity to acquire a C5-zoned vacant lot in one of Port Perrys commercial corridors. Perfectly positioned off Simcoe and Scugog intersection, directly across from a busy Tim Hortons drive-through and three gas stations, this site offers exceptional traffic exposure and development potential. Under C5 zoning, the property allows a wide range of commercial uses, with the option to incorporate residential units as long as there is a commercial component on the land. Currently utilized as overflow parking for the adjacent C5-1 commercial building (also available for purchase under MLS e12543978 - 21 Wilbur Ave). The lot is hidden and screened by mature hedges for privacy. Access is currently from the rear of the adjacent property (21 Wilbur), but future direct street access could easily be created by removing all or a portion of the hedge fronting on Wilbur Ave. Development fees will be the responsibility of the Buyer. The Seller will give preference to both properties being purchased together. Survey available. Access to lot through 21 Wilbur parking lot at rear. Property is monitored by cameras. Survey available.
Location
Financial Information
List Price:  $ 499000
Taxes:  $ 6609
Property Features
Area Influences:  Major Highway, Public Transit
Lot Shape:  Irregular
Sewers:  Sanitary+Storm Available
Listed By:     ROYAL LEPAGE FRANK REAL ESTATE