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Chamberlain Property Group
196 Vermilion Avenue
Princeton
V0X 1W0
$1,495,000
Vacant Land
- Status:
- Active
- Prop. Type:
- Vacant Land
- MLS® Num:
- 10383623
- Photos (13)
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Prime Mixed-Use Development Opportunity in Princeton Positioned to become a landmark in the heart of Princeton, this exceptional property is being prepared for a 27-suite residential or hospitality building mix of 1 and 2 bedroom suites with main floor commercial space, designated parking and convenient location. Development permit has been approved significantly reducing timelines and allows a developer to move forward with confidence. Princeton is experiencing a critical shortage of housing, with extremely low vacancy rates in both long-term and short-term rentals. Strong demand is driven by major industry players in the region, creating consistent need for employee housing, along with growing demand from the broader community. This property presents a rare opportunity to deliver a signature mixed-use building that combines residential / hospitality density with valuable commercial frontage—ideal for retail, office, or service-based tenants. The seller is open to building and consulting services if required. With approvals nearing, strong rental demand, and limited competing inventory, this is a chance to develop a trademark building in a market primed for growth and long-term returns. (id:2493)
- Property Type:
- Vacant Land
- Common Interest:
- Freehold
- Taxes:
- $3,183.94 / -
- Community:
- Princeton
- Structure Type:
- Other
- Utilities:
- Water, Sewer, Electricity, Telephone
- Half Bathrooms:
- 0
- Fireplace:
- No
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Lot Size:
- 8,712 sq. ft.809 m2
- Lot Details:
- 0.2
Larger map options:
Listed by Canada Flex Realty Group Ltd.
Data was last updated July 28, 2026 at 03:45 PM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $555,000
- Min list price:
- $95,000
- Max list price:
- $1,988,000
- Avg days on market:
- 142
- Min days on market:
- 11
- Max days on market:
- 603
These statistics are generated based on the current listing's property type
and located in
Princeton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- CHAD WOZNIAK PREC ABR SRES CRS CLHMS MCNE
- Chamberlain Property Group
- 250-488-3304
- chad@realtorchad.ca
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