LT 2 READ STREET E|Merrickville-Wolford, Ontario K0G1N0

CAD 1,380,000
For Sale MLS: X12316001

Property Details

Property Type

Vacant Land

Description

MLS Number: X12316001

Property Details: • Type: Vacant Land • Ownership Type: N/A • Bedrooms: N/A • Bathrooms: N/A • Building Type: N/A • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: N/A • Parking Spaces: N/A

Description: This amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project and adventure. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville. (40987715)

Agent Information: • Agents: Stephanie Beauregard • Contact: 352-229-1687 • Brokerage: ROYAL LEPAGE TEAM REALTY • Website: http://www.teamrealty.ca/

Time on Realtor: 33 min ago

Location

Address

LT 2 READ STREET E|Merrickville-Wolford, Ontario K0G1N0

City

Merrickville-Wolford

Features and Finishes

None

Legal Notice

This website uses cookies to ensure you get the best experience. Learn more