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Shape Your Community
The Town of Stratford is expected to have a shortfall of more than 4,000 housing units by 2041. Change is needed to keep up with increasing population demand!
Scenario: You have purchased over 11 acres of land and have the opportunity to develop your own community. To do that, you need to build roads, connect utilities, and construct houses.
How many units can you build? Can you make them affordable? Give it a try!
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Shape Your Community
Notes: Undeveloped Land: 100% Total buildings: 0Total units: 0
Total development cost:
Cost per unit:
Development
Cost:
- Land purchase: Land Purchase Costs can vary based on location, but the value provided is typical of a vacant lot of approximately 11 acres within the Town
- Design cost: Design costs are estimated at $10K for a single dwelling, $20K for a semi detached, $50K for a 4-unit, $100K for a 12-unit apartment and $140K for an 18-unit apartment
- Infrastructure cost:
- Road/sewer main cost: Road/sewer cost is based on an estimate of $4,000/m, and includes preparation, sewer, water lines, fire hydrants and other underground and ground level infrastructure
- Individual sewer hookup cost: Sewer hookup for each building is based on $1,500/unit, up to a maximum of $15,000
- Electrical hookup cost: Electrical hookup is based on $2,500/building
- Total:
- Town development fees:
- Construction cost: Construction costs can vary depending on the complexity of the build, but are estimated at $275 / square foot for non-apartments, and $240 per square foot for apartments.
You have built your own community!
Congratulations! You have built a community that has created more housing options for the increasing population within the Town.
- new housing units
- average cost per unit
Did you know 78% of the Town’s residentially zoned area only allows for Single Detached Dwellings? If we continue to build only low density housing, the town will run out of land and not meet the need for more homes.
A neighbourhood with increased housing variety means more people will have a safe place to call home.
Do you want to consider another density option?
Town by-laws limit the options of developers, but it is possible to obtain variances that allow for more development. For example, the limitation of 10% green space can be reduced, but there is a cost.
Sometimes, lot sizes must be larger than the minimum to all for road frontage.
Do you want to try and improve your performance by changing the green space allowed and allowing smaller building lots?