Condo tower planned for Sarnia waterfront

A condo tower has been proposed for Sarnia's waterfront, at the Sarnia Rent-All property on Water Street. Handout/Sarnia This Week

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A new condominium tower could begin rising by the end of this year near Sarnia’s waterfront at the Sarnia Rent-All site on Water Street.

The building project is proposed to be 19 stories high, with approximately 120 units, and its estimated construction would take one year to complete, said Patrick Coutu, with Coldwell Banker Southwest Realty in Sarnia, who is working with the property owner and developer Henry Mehta.

“We are in the preliminary planning stages, working with the municipality,” Coutu said.

“There are a few things that need to be ironed out before we actually have a plan that we can go to the public with.”

Those issues include a height restriction potentially limiting the building to approximately 14 storeys, Coutu said.

That may lead the developer to apply to the city for a minor variance to permit 19 floors, he said.

Stacey Forfar, Sarnia’s director of Community Development Services and Standards, said the city hall department held a pre-consultation meeting with the developer several months ago.

“There has certainly been some back and forth with them, but nothing formal yet,” she said.

Coutu said that, “until we have the final plan,” it was too soon to say what the project will cost to build, or what the price range for individual condos will be.

He said the current plan is for “a small bit” of commercial space on the main floor, one storey of underground parking and four storeys of above-ground parking, with condo units beginning on the fifth floor.

“Even the lowest floor of residential has a great view,” he said.

The property fronts on Water Street and backs almost to Front Street, across from Centennial Park.

“We had an initial public meeting with the neighbours,” where comments were positive and word about the project spread quickly, Coutu said.

“There’s people who are wanting to put deposits on a unit as soon as they’re available,” he said. “It’s exciting.”

Initial response to the proposal supports the belief there is a market for condos in Sarnia, particularly on the waterfront, he said.

“I think our community is definitely eager for that.”

Coutu said the listing is being shared with Laurie Somers, with Re-max Empire Realty in Markham, who will market the units in the Greater Toronto Area.

Coutu said the developer plans to move his Sarnia Rent-All business to another location.

If the project moves ahead, it will join several existing residential towers along the waterfront, including a 15-storey apartment project the Tricar Group is currently building downtown.

 

 

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