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4994 North Service Road

4994 North Service Road

Lincoln, ON

10 sqft • Land • 103 days on market

$13,750,000

A rare opportunity to acquire 10.1 acres of mixed-use development land adjacent to the QEW and within the urban boundary of Lincoln. 4994 North Service Road benefits from approved ZBA and OPA permissions, with a Draft Site Plan Agreement issued for a significant mixed-use development consisting of 389 residential units across three 9-storey towers, a 90-room hotel and banquet facility, plus a 25,000 square foot commercial building.Strategically positioned between the GTA and the Niagara Region - one of Ontario's fastest-growing growth corridors - the property offers exceptional accessibility, strong regional connectivity, and proximity to established residential communities, employment nodes, wineries, and natural amenities. Immediate access to the QEW provides efficient travel throughout the Greater Golden Horseshoe and Niagara markets.The approved density and planning framework substantially reduce development timeline risk while enhancing project feasibility and overall marketability. This is a compelling opportunity for developers, institutional investors, retirement or seniors housing groups, hotel operators, and mixed-use builders seeking scale, approvals momentum, and long-term growth potential in a supply-constrained market. Please note that Rental Apartment / CMH MLI is a possibility.

Listing Details

Taxes (2025)
$45,056
Listed
May 11, 2026

Price History

Property

Lot Size
1605.41 x 19.85 Feet

Utilities

Sewer
None

Location & Legal

Cross Street
QEW / N. Service Rd.
Zoning
OC
Parcel Number
460960263
Possession
Flexible

Commercial

Business Type
Retail
Occupancy
Vacant

Community

Postal area L0R

Population
83,602
Private dwellings
29,717
Median age
40.8
Average household size
2.8
Median household income
$110,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Lincoln · last 12 months

Median sold price
$702,500
Homes sold
320
Median days on market
34
Sale-to-list price
96.5%

Based on 320 recorded sales of commercial properties in Lincoln over the last 12 months.

Listed by

COLLIERS INTERNATIONAL NIAGARA LTD.

Walk Score

10

Walk

35

Bike

Scores by Walk Score®

Location

Commercial figures

Annual property tax
$45,056

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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