110 Queen St E, Springwater MLS Number: S9308256

The Property is a 10.6-acre partially serviced parcel of land, that has been re-zoned with a site plan application nearing completion for a senior's living community for up to 240 units. Planned out in multiple phases, the first phase is to include 13 one-bedroom apartments and 53 two-bedroom apartments throughout a 4-storey building, plus 12 additional garden home units. The site is a unique opportunity for operators or investors, to acquire specialized development lands in an area that supports the need for senior living. The opportunity is flexible in nature, providing different exit strategies to consider. Extensive reporting and planning is available for review pending CA execution. Final stages of SPA are underway.