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:47423)
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Detailed Information
Lot
25 x 0 ft
Amenities Nearby
Hospital, Public Transit
Features
Cul-de-sac
Listing Contract Date
2024-02-02
Location Description
Sunnylea Cres off Pleasant
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R.4A
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Telephone
Available
Land
Total Size
0.246 acres
Amenities
Hospital, Public Transit
Sewer
Municipal sewage system
Size of Irregular Land
0.246
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