Attention investors! This is your chance to own a highly sought-after corner lot in the heart of Highland Park. With R-C2 zoning and potential for increased zoning, this property is bursting with potential for redevelopment or as a revenue-generating asset. Location, Location, Location: Situated in the desirable Highland Park community, this property is close to amenities, schools, parks, and transit options.
Zoning Potential: Currently zoned R-C2, with the possibility of rezoning for further development, making it ideal for future multi-family or mixed-use projects.
Corner Lot: This spacious corner lot offers flexibility in design and ample space for creative development ideas.
Income Potential: The property features a 3-bedroom suite on the upper level and a 3-bedroom illegal suite in the basement, complete with a separate entrance. A perfect setup for rental income while you plan your redevelopment.
Current Lease: The current tenant agreement runs through August, providing immediate revenue with room for extension or new leases. Act fast to secure this opportunity! With its ideal location and numerous development possibilities, this property is sure to attract significant interest. Don't miss out on this unique chance to invest in Highland Park.
Contact us today for more information and to schedule a viewing!More details
**Attention Investors & Builders** |CORNER LOT | Inner City | Incredible Location | Schools, Parks, Playgrounds | Easy Commute to Downtown. This house has good condition 1 bedroom and 1 full washroom with fenced yard.More details
Investor and Builder, Zoned MC-1 (42'x120'), Development Approved for a 4-plex - Saving Time and Money! This sought-after location along the future Green Line on Centre ST North - OPTIONS - Solid 4 bedrooms and 2 baths, potential for basement suite subject to the city's approval and permitting OR has already received conditional approval for a 4-plex development. DESIGN PLANS are Included - Each unit is approximately 1200 sq. feet, with 3 bedrooms and a rooftop patio (optional plan for a main level bedroom with full baths, two large bedrooms with two full baths on the upper level, rooftop patio - design ideal for share housing). With the Development Permit in place, you may start the Building Permit application immediately. The solid bungalow is ideal as a holding property if not ready to build. The main level has a bright and spacious living room, a large kitchen with an eating area, a large primary bedroom, a second bedroom, and a 4-piece bath. The basement with a separate back entrance has two additional bedrooms and a 4 piece bath. The property was recently painted and also been updated throughout the year; furnace 2016, hot water tank 2019, roof shingle and attic insulation 2020, and underground sewer line upgrade 2020. Call your favourite Realtor for this great property!More details
Data was last updated May 13, 2024 at 02:05 PM (UTC)
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