C$1,575,000

This development property, spanning approximately 2.66 acres (as per Geowarehouse), is situated at the prominent corner of Regent Street South and Telstar Ave in Sudbury's sought-after South End, and is one of the last remaining large development properties in the area. The site features 518 feet of high-visibility frontage on Regent and is accessible via a signalized intersection, ensuring safe and convenient entry. Its strategic position directly across from the Holiday Inn—one of Sudbury's busiest hotels—and adjacent to the main entrance into the Moonglo subdivision, a premier high-end residential community with nearly 1,000 homes, guarantees exceptional exposure, prestige, and easy access for future residents or commercial tenants. The Seller has completed conceptual site plans and building designs for a 6-storey, 116-unit building (including 114 residential units and 2 commercial spaces), featuring a desirable mix of 1-bedroom, 2-bedroom, and 2-bedroom plus den models. The proposed development includes modern amenities such as underground parking, but also includes surface parking. Documents in the listing Broker’s possession include a survey, topo drawing, conceptual site plan, block schematic floor plans, and conceptual building drawings. The property may be eligible for rezoning to accommodate a range of commercial or mixed-use developments—such as retail plazas, professional offices, or upscale live/work spaces—subject to municipal approval. (id:41202)