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515 NIEMI ROAD, Greater Sudbury, Ontario, P3Y 1G4

MLS® # X12163858
Vacant Land For Sale In Greater Sudbury, Ontario
$3,999,900
515 Niemi Road, Greater Sudbury, ON
515 Niemi Road, Greater Sudbury, ON
515 Niemi Road, Greater Sudbury, ON
515 Niemi Road, Greater Sudbury, ON
  • Advertising
515 NIEMI ROAD, Greater Sudbury, Ontario, P3Y 1G4
$3,999,900

Property Information:

Approximately 8 acres of land designated for Low and Medium Density Residential use including LONG TERM CARE HOMES. Preliminary discussions with the City suggest the potential for a total of 126 residential units, including 6 detached homes and 4 low-rise apartment-style buildings with up to 120 units, subject to municipal approvals. The property is situated next to a community centre and surrounded by residential homes and apartment buildings. Hydro, water, and sewer services are available from nearby roads. The site may allow for a mix of residential development and accessory structures, depending on zoning and planning permissions. Vendor Take Back (VTB) financing may be available, with terms to be negotiated. A local builder is also available to assist with future development if needed. Buyers are responsible for conducting their own due diligence regarding zoning, servicing, approvals, and potential uses. No representations or warranties are made by the seller or listing brokerage regarding future development potential. (id:27)

Building Features:

  • Floor Space: 9 ac

Property Features:

  • Property Type: Vacant Land
  • Floor Space (approx): 9 Square Feet
  • Lot Depth: 599.9 Feet
  • Lot Frontage: 975.8 Feet
  • Zoning: Institutional (1)

Courtesy of: EXP REALTY

REALTOR.ca  

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Market Price Trends

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Location of 515 NIEMI ROAD, Greater Sudbury, Ontario, P3Y 1G4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

43/100

Moderate

ClimateCheck®

Current data

This property, 515 NIEMI ROAD , experiences 7 hot days per year at around 29.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 33 degrees Celsius.

Projected Avg. Temperature

Past
29.7℃
2050
33℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 515 NIEMI ROAD , experiences 11 significant 2-day storms per year, with about 295.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 374.1mm of precipitation per year.

Precipitation Per Storm

Past
295.7mm
2050
374.1mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 515 NIEMI ROAD, Greater Sudbury, Ontario, P3Y 1G4

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$137,318.56

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.99 %

High school certificate or equivalent

24.54 %

Apprenticeship trade certificate/diploma

6.96 %

College/non-university certificate

34.88 %

University certificate (below bachelor)

1.73 %

University Degree

20.9 %

Commuter

Travel To Work

By Car

95.62 %

By Public Transit

0.38 %

By Walking

1.44 %

By Bicycle

0.0 %

By Other Methods

2.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

11.28 %

Houses

88.72 %

Own Vs. Rent

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