A real estate professional in Ontario is representing a buyer interested in a property that requires site plan approval for the intended commercial use. What should the professional advise regarding the timing and certainty of this approval process?
Correct Answer
C) Site plan approval involves municipal review and may take several months with no guarantee
Site plan approval is a discretionary municipal process that involves detailed review of development proposals including building design, landscaping, parking, and servicing. The process can take several months and approval is not guaranteed, making timing and certainty important considerations for buyers.
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A proposed industrial development is located near a wetland area. Which combination of approvals would most likely be required before construction can begin?
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