Eddy Street

Description

Development Opportunity Consolidated Land with Eddy Street Access, Heart of Amherst This consolidated parcel offers a well-located development opportunity in the heart of Amherst with convenient access from Eddy Street. The site sits within easy walking distance of downtown amenities, shops, restaurants, services, schools, and parks a genuine advantage when it comes time to market future units. The Town previously approved a Development Agreement for a bare land condominium of up to 20 units (mix of detached, semi-detached, and townhouse). The concept included a private internal road and on-site infrastructure to be maintained by the condominium corporation. An easement exists for services from Brownell Avenue. That agreement was discharged by Council at the owners request, leaving the property free of those previous conditions and fully governed by the Towns current planning framework. This creates a particularly strong and timely opportunity. A centrally located site that already carries a track record of municipal support for multi-unit residential development, now completely unencumbered and ready to be thoughtfully shaped into a project that responds directly to todays housing market and buyer preferences. The current seller has also offered to assist the buyer through the development approval process at a mutually agreed cost providing both proven municipal receptiveness and practical support to move efficiently through reviews. Next Steps: Buyers interested in exploring this opportunity are encouraged to reach out to their favorite agent for additional information, including historical documents and site details. All development concepts remain subject to current Town of Amherst planning approvals. (id:56844)