On August 6, 2024, in Sainte-Marie en Beauce, Développement Terravision inc. acquired a vast vacant land on rang Saint-Gabriel Nord for $10.7 million. The agreement includes a payment plan extending to 2029 and clauses suggesting future real estate development on the property. Recent cadastral work on part of the original lot reveals a diversified development plan, including the construction of various types of housing: single-family homes of different sizes and semi-detached houses.
Key highlights:
- Total area of approximately 280,000 m².
- About 100 lots already subdivided.
- Potential for at least 250 housing units.
- The seller retains the right to cut and sell timber on the land until development begins. 🌲🌳
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