Build generational wealth by building your own 12 unit multifamily property post committee of adjustment approval. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages include: no sprinkler system, municipal garbage collection, no accessible units, no common stairway, available on-site parking and more. The property’s efficient design helps minimize maintenance costs and maximizes profitability for future owners. With the new Zoning By-law amendment, there is potential to add an additional 4 units, to a total of 16 units as basement units will be undeveloped. No site plan &/or zoning by-law amendment required. Status: Pending Committee of adjustment approval. (id:6673)
| MLS® Number | 1410145 |
| Property Type | Vacant Land |
| Neigbourhood | Vanier |
| BasementDevelopment | Not Applicable |
| BasementType | Unknown (not Applicable) |
| UtilityWater | Municipal Water |
| Acreage | No |
| CurrentUse | Development Residential |
| Sewer | Municipal Sewage System |
| SizeDepth | 94 Ft ,9 In |
| SizeFrontage | 66 Ft |
| SizeIrregular | 0.07 |
| SizeTotal | 0.07 Ac |
| SizeTotalText | 0.07 Ac |
| ZoningDescription | R4ua |
Contact us for more information
Armin Khamsehzadeh
Broker
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