Home Details for 121 Hume Street

Rare opportunity to acquire a premier 0.609-acre (26,522 sq. ft.) corner development site in the heart of Collingwood's Downtown Core. Zoned C1 Commercial and designated Downtown Core under both the current and proposed Official Plan, this fully serviced property occupies a highly visible gateway location where development parcels of this size rarely become available. Positioned outside both the Business Improvement Area (BIA) and the Heritage Conservation District, the property offers development flexibility. Existing access is from Market Street, with the potential for additional access from Hume Street, subject to municipal approval. Significant due diligence has already been completed, with a comprehensive package of transferable reports available to the purchaser, including civil, traffic, geotechnical planning and other studies prepared for a previously approved site plan. Phase I and Phase II Environmental Site Assessments and a Record of Site Condition are also available, confirming clean site conditions. Whether your vision is commercial, mixed-use, residential or another permitted C1 use, this outstanding property offers a rare combination of location, prior planning and approval work and development potential n one of Ontario's most sought-after communities. Engineering analysis completed in support of the previously approved site plan also confirmed the feasibility of underground parking on the property. High speed fibre internet service is available, and site investigations have also confirmed the property's suitability for a geothermal energy system. Large, serviced development parcels within Collingwood's Downtown Core seldom come to market. 121 Hume Street represents a rare opportunity to secure a strategic landholding in one of Southern Ontario's most dynamic and rapidly growing communities. (id:31684)