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515 NIEMI ROAD Sudbury
  • 515 NIEMI ROAD Sudbury
  • 515 NIEMI ROAD Sudbury

515 NIEMI ROAD, Sudbury, Ontario

$3,999,900

Approximately 8 acres of land designated for Low and Medium Density Residential use including LONG TERM CARE HOMES. Preliminary discussions with the City suggest the potential for a total of 126 residential units, including 6 detached homes and 4 low-rise apartment-style buildings with up to 120 units, subject to municipal approvals. The property is situated next to a community centre and surrounded by residential homes and apartment buildings. Hydro, water, and sewer services are available from nearby roads. The site may allow for a mix of residential development and accessory structures, depending on zoning and planning permissions. Vendor Take Back (VTB) financing may be available, with terms to be negotiated. A local builder is also available to assist with future development if needed. Buyers are responsible for conducting their own due diligence regarding zoning, servicing, approvals, and potential uses. No representations or warranties are made by the seller or listing brokerage regarding future development potential. (id:23309)

  • Listing ID: X12163858
  • Property Type: Vacant Land
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Details

  • Transaction: For sale
  • Zoning Description: Institutional (1)

Building

  • Fireplace Present: False
  • Size Interior: 9 ac

Land

  • Size Frontage: 975 ft ,9 in
  • Size Irregular: 975.77 x 599.96 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 515 NIEMI ROAD in Greater Sudbury Ontario. It was last modified on May 21st, 2025. Contact Brad Sauve to schedule a viewing or to discover other Greater Sudbury real estate for sale.

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