Prime Development Opportunity! Unlock the full potential of this 0.59-acre property situated in a rapidly developing neighborhood. With four properties across the street already sold for townhouse developments, this site is perfect for investors looking to capitalize on a prime residential project. This property is ideally suited for a three-story townhouse development, offering an excellent investment opportunity. Backing onto 14 acres of farmland, future residents will enjoy a private and serene backdrop while benefiting from proximity to urban amenities, parks, schools, and public transit. It’s a highly desirable location for young families and professionals alike. With a current rezoning application for MF2 townhouse zoning, the site is primed for development and can accommodate a well-planned project with ample parking, green spaces, and other amenities. Strong community growth is evident, with adjacent land developments already underway, signaling a thriving area poised for continued expansion. Additionally, the adjacent 0.34-acre property is available, bringing the total potential assembly to 0.93 acres (40,510 sq ft). This offers a rare opportunity to build confidently and strategically in one of the city’s most promising growth areas. Don’t miss out on this chance to position yourself for success. (id:47423)
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Detailed Information
Bedrooms
2
Bathrooms
2
Lot
228 x 0 ft
Listing Contract Date
2024-10-07
Municipal ID
008-315-094
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Basement Type
Full
Constructed Date
1972
Construction Style (Attachment)
Detached
Cooling Type
Wall unit, Window air conditioner
Exterior Finish
Stucco, Wood siding
Fireplace Present
Yes
Fireplace Type
Stove,Unknown
Flooring Type
Carpeted, Vinyl
Heating Fuel
Electric
Heating Type
Baseboard heaters
Roof Material
Tar & gravel
Roof Style
Unknown
Stories Total
2
Type
House
Utility Water
Well
Rooms
Room
Level
Dimensions
Notes
Storage
Basement
12'11'' x 9'1''
Living room
Basement
28'1'' x 16'1''
Recreation room
Basement
22'5'' x 28'2''
3pc Ensuite bath
Main level
Measurements not available
Mud room
Main level
7'9'' x 13'5''
Bedroom
Main level
10'9'' x 11'5''
4pc Bathroom
Main level
Measurements not available
Laundry room
Main level
5'4'' x 5'11''
Primary Bedroom
Main level
14'11'' x 14'6''
Living room
Main level
24'0'' x 14'4''
Dining room
Main level
14'7'' x 12'1''
Kitchen
Main level
9'3'' x 11'4''
Land
Total Size
0.59 acres
Sewer
Septic tank
Size of Irregular Land
0.59
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