Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:6673)
| MLS® Number | 1398097 |
| Property Type | Vacant Land |
| Neigbourhood | Castle Heights |
| AmenitiesNearBy | Public Transit, Shopping |
| BasementDevelopment | Not Applicable |
| BasementType | Unknown (not Applicable) |
| UtilityWater | Municipal Water |
| AccessType | Road Access |
| Acreage | No |
| CurrentUse | Development Residential |
| LandAmenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 100 Ft |
| SizeFrontage | 63 Ft |
| SizeIrregular | 0.14 |
| SizeTotal | 0.14 Ac |
| SizeTotalText | 0.14 Ac |
| ZoningDescription | R4ua |
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Henga Nayeri
Salesperson
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