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108 Residential Building Lots Five Minutes From Aylmer QC in Bois-Franc, Quebec

The project involves residential development of 113 acres of very valuable land at 283 Maple, Municipality of Pontiac, QC. The property is located on Terry Fox and Maple just five minutes west of Aylmer, QC off Highway 148.
It is presently zoned agricultural but the Municipality is working very hard with the MRC to prepare a formal request to have it removed from that zoning and designated for residential development. This zoning change is expected in 2015.
Once the land is re-zoned it will be subdivided into 110 residential lots of approximately one acre each at the present market value of $100,000 each. Thirty nine lots can be sold without any significant developmental costs as they are directly on Terry Fox and Souliere Roads. Many are paved.
Total market value when completed $11,000,000'
The Project can be purchased for $2,000,000 with $1,500,000 on closing and the balance of sale due when the zoning is changed to residential.
Closing date for the Purchase and Sale agreement is April 15, 2015.
For more information reply or call 819-.

Type: Commercial buildings
Province: Quebec 
City: Bois-Franc 
Category: Commercial buildings
Commercial buildings in Quebec
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View similar ads: Commercial buildings, Commercial buildings in Quebec