Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:47423)
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Detailed Information
Lot
63 x 100 ft
Amenities Nearby
Public Transit, Shopping
Listing Contract Date
2024-07-31
Municipal ID
042420165
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R4UA
Building
Basement Development
Not Applicable
Basement Type
Unknown (Not Applicable)
Utility Water
Municipal water
Land
Total Size
0.14 acres
Access Type
Road access
Amenities
Public Transit, Shopping
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
0.14
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