$750,000
Exciting Development Opportunity!\r\n\r\nBuilders and investors, take note! This exceptional vacant parcel of land offers incredible potential in a prime residential neighborhood. Nestled on a peaceful, dead-end street just moments from downtown, parks, the hospital, public transit, and more, this 0.25-acre property is a rare find.\r\nThe current project envisions an 8-unit development, with city approval underway, and there’s even potential to expand to a 10-unit complex in the future. Included are permit-ready plans for a modern, 6-plex building featuring a mix of four 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. Thoughtfully designed for maximum comfort and livability, this layout is perfect for future tenants. Planned amenities include parking for 9 vehicles and 6 storage lockers, ensuring convenience and accessibility.\r\nInterested in unlocking the full potential? Reach out for more information about expanding to an 8-unit development. The Seller is also open to exploring partnership opportunities with the right terms in place. This property offers both versatility and an exceptional location—don’t miss out! (id:36109)
Property Details
MLS® Number
|
X11822613 |
Property Type
|
Vacant Land |
Community Name
|
Waverley |
AmenitiesNearBy
|
Hospital |
Features
|
Flat Site |
Building
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
LandAmenities
|
Hospital |
Sewer
|
Sanitary Sewer |
SizeFrontage
|
25 M |
SizeIrregular
|
25 Acre ; See Survey |
SizeTotalText
|
25 Acre ; See Survey|under 1/2 Acre |
ZoningDescription
|
R.4a |
Utilities
Cable
|
Available |
Wireless
|
Available |