Lot 23-1 Kingswood Way

About this residence

Unique development opportunity -- 3.78 acre commercial site located in the upscale Kingswood Resort neighborhood! Ideal corner lot site on Kingswood Way -- a short walk to the Kingswood 9 & 18 hole golf courses, Sam Sneads Oak Grill & Tavern, the Kingswood Entertainment Center, and the Radisson Kingswood Hotel & Suites. The property is currently zoned as CRRM (Commercial Recreation & Residential Mixed) under the Hanwell Zoning Bylaw. While this zoning classification permits a wide variety of possible development options, in order to preserve the beauty and charm of this well established neighborhood and to ensure compatibility with the other businesses in the area, the seller reserves the right to approve the Buyer's intended business use and their related site and building development plans as a condition of any sale. Any property sale shall also be subject the execution of various related agreements, including a Non-Compete, a Right of Way Agreement, a Site Plan Agreement (which specifies that the buyer shall be responsible for installing underground electrical service, well and septic services, and various other terms), and Restrictive Covenants -- all of which are designed to protect the interests of all parties and to ensure neighborhood compatibility. The attached Subdivision Plan contains additional info re. the boundaries and dimensions of this prime1.53 Hectare (3.78 acre) site. Don't delay, contact your REALTOR® for additional information today! (id:61366)