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$750,000
Est. payment /mo
10,715 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 3 - General Hospital
MLS® Listing ID 40536600
Originating Board OnePoint - Guelph
Lot Size 10,715 Sqft
Acres 10715.76
Property Description
Exciting Investment Opportunity Calling all builders and investors! An exceptional opportunity awaits you in this sought-after residential neighbourhood. We are thrilled to present a vacant, buildable parcel of land situated on a dead-end street, just a short stroll away from the hospital, public transit, and various amenities. This rare 0.25-acre vacant lot offers the ideal canvas for your next project—a potential 6-plex building awaits those with a keen eye for lucrative investments. Alternatively, with the approval of a parking variance, you could capitalize on the space and construct up to 8 rental units. Included with the property are plans for a contemporary 6-plex building. Meticulously designed for optimal livability, the proposed structure comprises four 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. The thoughtful layout caters to the comfort and convenience of residents. Parking won't be a hassle, as the building plans allocate space for 9 cars, ensuring ample room for residents and visitors alike. Additionally, there are 6 storage lockers to meet the storage needs of the occupants. For those interested in maximizing the potential with 8 units, we invite you to reach out. The Seller is more than willing to engage in detailed discussions regarding this option. Furthermore, the Seller is open to exploring collaborative building arrangements under the right terms. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold