Buy & Build potential up to 4 Story apartment for a 29 units on a RM h16 zoning CORNER lot 49.9’ * 150’(140'). The site is backing to green space and off leash Park. The site location near Canadian tire & Superstore and public transportation to Kingsway mall. Bachelor (2 units), 1-bed (18 units), 2-bed (9 units). 29 units estimated gross income $528,000. Cap rate 5.25%. The seller is also option to build the completed project on request. The floorplan is for reference purposes only and is not final. The new owner will collaborate with the designer to optimize the potential of the lot. Photo is 3D rendering for illustration purpose only (id:47423)
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Detailed Information
Listing Contract Date
2024-11-25
Municipal ID
ZZ999999999
Property Type
Vacant Land
Transaction Type
For sale
Building
Constructed Date
1950
Land
Total Size
7448.76 square feet
Size of Irregular Land
7448.76
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