For Sale Featured

VACANT LAND, Thornbury Ontario

63 Arthur St W, Thornbury, ON N0H 2P0, Canada

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For Sale Featured

VACANT LAND, Thornbury Ontario

63 Arthur St W, Thornbury, ON N0H 2P0, Canada

Overview

Description

PRIME DEVELOPMENT LAND

Commercial & Residential Infill Property For Sale in Primary Settlement of Thornbury. This is a High Traffic Commercial / Retail Vacant Land in the Heart of Thornbury / The Blue Mountains with services to the lot line. Opportunity awaits on this .88 Acre Corner Lot, Zoned C1, Mixed Use in this beautiful 4-season resort town on Georgian Bay. This vacant land is ideally located within walking distance to all the necessary amenities (Foodland, LCBO, drug store, bank & restaurants), blocks to the beach, harbour, Georgian Trail, and minutes to the Ski Hills.

Demand in the coastal communities of Collingwood, Craigleith, Thornbury, Meaford and over to Owen Sound, has been staggering. There is limited supply, and this in turn has driven prices up. The time to create new supply is now. Given new homes can be built for less than older ones, this opens the door for quality, and developers with city experience can create exceptional combined retail and residential spaces.

LAND DETAILS

ZONING: C1, Mixed Use

LOT SIZE: 38,574 SqFt ( .88 Acres)

LEGAL DESCRIPTION: LT 33 SW/S ARTHUR ST, 34 SW/S ARTHUR ST PL THORNBURY TOWN OF THE BLUE MOUNTAINS

The land is designated C1 and has a wide variety of uses including the following: Art Gallery, Banquet Hall, Business Office, Childcare Centre, Commercial Fitness Centre, Commercial Resort Complex, Commercial School, Community Centre, Dry Cleaning, Equipment Sales and Rental, Financial institution, Funeral Home, Hotel, Laundromat, Medical Office, Motel, Parking Garage, Parking Area, Parking Lot, Personal Service Shop, Place of Amusement, Place of Entertainment, Place of Worship, Private Club, Private Park, Private School, Public Park, Public School, Recreational Equipment Sales, Rental and Service, Repair Shop, Restaurant, Retail Store, Retirement Home, Supermarket, Trade, Convention Centre, and Dwelling Units, but they cannot be on the ground floor.

THORNBURY MARKET SNAPSHOT

Thornbury had an incredible sales year in 2021, with eight record months and four runners-up. Its new benchmark volume of $219,824,443 – capped with record Q4 sales of $46,623,634 – was up 37% from 2020’s former high of $154,114,548. Along these lines, single-family homes, condo/townhouses and vacant land sales were up 96% respectively from 2020. While demand has increased and supply has decreased in Thornbury, for the average Toronto homeowner there is still affordability in this vacation destination.

It is a great time to invest in the future of Thornbury, a thriving and growing community with a local population comprised of service providers, educators, and entrepreneurs combined with a large seasonal influx of summer cottagers, golfers, and skiers.

For more details and to see full market snapshot email eganteam@eganteam.com