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$ 490,000
Est. payment | /mo
$ 490,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Corktown
MLS® Listing ID X11935532
Originating Board Niagara Association of REALTORS®
Property Description
Introducing an exceptional investment opportunity in a prime location! Situated just steps from St. Joseph's Hospital and within the rapid transit corridor, this fully serviced building lot offers incredible potential. Now qualifying for city grants and forgivable loans, this lot benefits from newly ratified parking bylaw changes, allowing the construction of a triplex or 4-plex without the need for minor variances or minimum parking requirements. The sale includes a complete set of permit-ready architectural drawings and engineering, already approved. All underwriting is done covering tree, water, wind, grading studies, retaining walls, and permit requirements. In addition, a turnkey package is available including; a Turkstra Lumber framing kit, water and sewer servicing, excavation, and concrete foundation, all ready to go for just $140K. This property is designed to attract premium professional tenants, and with no rent controls, the earning potential is limitless. Seize this rare chance to build your investment with ease and confidence! (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer
Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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