Home Details for 00 King Street

Rare opportunity to acquire approximately 219.45 acres of strategically positioned land directly bordering the existing Limoges urban boundary. Situated along King Street and adjacent to established residential development, this expansive parcel represents a premier development opportunity in one of Eastern Ontario's fastest-growing communities. Cleared, level, and systematically tiled, the property offers an exceptional development canvas with minimal site preparation requirements. Frontage on King Street, combined with a municipal easement along the western boundary, provides logical future infrastructure and road connectivity opportunities. The parcel also benefits from its strategic location along the VIA Rail corridor, offering unique long-term transit-oriented development potential. Currently zoned A1 and operated under an active agricultural lease, the property benefits from farm tax classification, reducing holding costs while keeping the land productive and well maintained. The investment story is supported by exceptional growth. According to Statistics Canada, Limoges grew from 3,097 residents in 2016 to 4,332 residents in 2021, representing nearly 40% population growth in just five years. As Ottawa continues to expand eastward and housing demand remains strong throughout the National Capital Region, communities along the Highway 417 corridor are expected to play an increasingly important role in accommodating future residential growth. Located minutes from Highway 417, the site provides convenient access to Ottawa, the Amazon YOW1 Fulfillment Centre, Calypso Waterpark, and major employment hubs throughout Eastern Ontario. Limoges has emerged as one of the region's fastest-growing communities, attracting young families seeking attainable housing and excellent connectivity. A rare opportunity for developers, builders, land bankers, and institutional investors to secure a significant future growth asset in a rapidly expanding market. (id:31684)