718 Tollgate Road W Cornwall, Ontario K6H 5R6

$1,829,000

This is a +/- 6.2 acre parcel of Land that is being offered subject to severance. Note that the address provided is for access to the MLS system. The actual lot will front on Great Wolf Lodge Road (and not off of Tollgate Rd) which is scheduled for construction completion in 2025. The lot will be fully serviced with water, sewer, gas & electricity. Great Wolf Lodge Road will become the western entrance to the City's newest business park. Zoning for this site is Highway Commercial and will allow for a wide variety of both light industrial/business park and commercial uses including Hotel/Motel with Restaurant etc. The property is being offered subject to severance from the Seller's operations at the North end of the property. There is potential to sever property into two new parcels in addition to the Truck wash. If this were to happen the price might have to be altered to reflect additional costs. Current Assessment & Tax numbers reflect the entire site and the Seller's operations on the property. We expect the municipal address, property assessment, legal description will change as a result of the severance application. Closing of any transaction will likely occur in early 2026. Any new development will obviously be subject to Cornwall's Site Plan Control bylaw and other regulatory requirements. (id:37229)

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Land

https://www.realtor.ca/real-estate/28163325/718-tollgate-road-w-cornwall-717-cornwall