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2+ Acre Development Site  Nearly Shovel Ready in Waterford, ON Excellent opportunity for builders and developers. This 2+ acre property has site plan approval for 18-22 townhomes. All hydro and utility approvals are in place. Located in the heart of Waterford, a growing town with strong demand for new housing, this site is ideal for a residential project ready to move forward. Waterford offers small-town charm with excellent amenities including local shopping, restaurants, golf courses, and scenic hiking and biking trails. Its also home to a vibrant arts scene with live music and theatre, and is just 15 minutes from Lake Erie, offering beaches, boating, and fishing. A family-friendly and thriving community, Waterford attracts both end-users and investors alike. This is a prime opportunity for a builder to step in and develop a highly marketable project in a desirable location. (VTB available for qualified buyers.)
City: Norfolk
Neighborhood: Waterford

| Purchase Price | $1698000 | 
| Down Payment | $339600 | 
| Mortgage Insurance | $0 | 
| Total Mortgage | $1358400 | 
| Mortgage Payment | $8371 | 
| Property Taxes | $63 | 
| Maintenance Fees | $0 | 
| Monthly Payment | $8433 | 
Sold Comparables homes near Pt Lt 1 Mechanic St, Norfolk
Located at Pt Lt 1 Mechanic St , this Norfolk house is available for sale. This property was listed for $1,698,000 on Thu Aug 14 2025. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . Pt Lt 1 Mechanic St, Norfolk is situated in the Waterford neighbourhood.
MLS#: X12340700 · $1,698,000 · null bedroom house in Waterford, Norfolk