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$ 1,500,000
Est. payment /mo
Pending
16 Sheffield ST Renfrew, ON K7S 0A2
UPDATED:
Key Details
Property Type Commercial
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Subdivision 550 - Arnprior
MLS Listing ID X12392367
Annual Tax Amount $2,192
Tax Year 2025
Property Sub-Type Land
Property 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
Province ON
County Renfrew
Community 550 - Arnprior
Area Renfrew
Exterior
Community Features Major Highway
Utilities Available Available
Others
ParcelsYN No
Listed by PARADIGM COMMERCIAL REAL ESTATE & BROKERAGE INC.