Prime Development Land: Penetanguishene Gem

ATTENTION Developers and Builders. 2.91 Acre Development property for sale in Penetanguishene. Located directly beside an existing, mature neighbourhood with natural gas, water and sewer services. Designated Development, the extensive studies have been completed and the Town of Penetanguishene has a detailed file on the property. Density to be determined by you, subject to final approval from the planning department. Present sketch shows potential for 18 lots of detached single family homes. Land is high and dry and treed with a healthy blend of coniferous and deciduous species. Some of the premium lots back onto a picturesque, forested ravine. This is your opportunity to develop with minimal risk in a highly desirable in-town location. No HST applicable. The 1 ft(0.3048 m) reserve along Mercer Crescent has been removed and is now part of the street. Less than a 2 hour drive from Toronto/GTA, YES WAY!