in Urban Boundary in the heart of Prince Edward County
The Private Capital Investment Group is pleased to offer for sale 380 Wellington Main Street (the “Property” or “Site”) in the charming community of Wellington, located along the shores of Lake Ontario in the heart of Prince Edward County. The site is comprised of 10.18 acres of undeveloped greenfield land situated less than 1km from Wellington town centre, home to the popular Drake Devonshire Inn, Lakeside Motel, local brew pubs, boutique shops, and gorgeous Wellington Beach. Development potential of the site is strong given a favourable designation within the Prince Edward Country Official Plan permitting a minimum of 60 residential units with the possibility for added density through a mix of building typology. Current owners have engaged local planning staff and completed Phase 1 Environmental Site Assessment as part of a proposal for 107 residential units, while currently generating $15,000 per year from an in place solar generation contract.
Détails de la transaction
- 380 Wellington Main Street