REQUEST A TOUR
$ 750,000
Est. payment | /mo
10,715 Sqft Lot
$ 750,000
Est. payment | /mo
10,715 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 3 - General Hospital
MLS® Listing ID 40674319
Originating Board OnePoint - Guelph
Lot Size 10,715 Sqft
Acres 10715.76
Property Description
Exciting Development Opportunity! Builders and investors, take note! This exceptional vacant parcel of land offers incredible potential in a prime residential neighborhood. Nestled on a peaceful, dead-end street just moments from downtown, parks, the hospital, public transit, and more, this 0.25-acre property is a rare find. The current project envisions an 8-unit development, with city approval underway, and there’s even potential to expand to a 10-unit complex in the future. Included are permit-ready plans for a modern, 6-plex building featuring a mix of four 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. Thoughtfully designed for maximum comfort and livability, this layout is perfect for future tenants. Planned amenities include parking for 9 vehicles and 6 storage lockers, ensuring convenience and accessibility. Interested in unlocking the full potential? Reach out for more information about expanding to an 8-unit development. The Seller is also open to exploring partnership opportunities with the right terms in place. This property offers both versatility and an exceptional location—don’t miss out! (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold