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$2,499,900
Status: For Sale
This beautifully restored property blends historic charm with modern amenities. The 10-plex includes seven 2-bdrm & three 1-bdrm units, with 8 units recently upgraded. On 1.8 acres, it offers significant development potential, incl. studies for additional 8-unit & 12-unit buildings, w/ site plan app pending. Sale incl. Site Plan Application In Process, Servicing & Storm-water Mgmt Report, Grading & Storm-water Mgmt Plan, Servicing Plan, Updated Transportation Impact Analysis, Noise Study(railway noise) (TBD), Conceptual Plans, Survey, & Severance Apps. Two front lots, set to be zoned R2, have severance apps in progress, offering more opportunities. In the picturesque Thousand Islands region, this property is ideally positioned to benefit from provincial incentives like Ontario's Bill 23, promoting rapid development. Perfect for investors & developers, this unique offering combines historic charm with growth potential in a prime location in the highly desirable Thousand Islands region!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X9411934 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :18 Oct, 2024 (34 Days ago) |
| Source | :TRREB |
| Area | :Leeds & Grenvi |
|---|---|
| Postal Code | : K0E 1L0 |
| Price | : $2,499,900 |
|---|---|
| Property Taxes | :$7111.83 |
| Tax Year | :2023 |
|---|
| Cross Street | :401 to Exit 659 and follow County Road 3 into Lansdowne. From Prince Street turn left (west) onto King Street. Then left (south) onto Garden Street. |
|---|
18 Oct, 2024
TREB #X9411934
Available
$2499900.0
