An exceptional redevelopment opportunity awaits at this MC-1 zoned property, offering prime potential for low-rise multi-residential development. Ideally suited for a small apartment complex, this lot supports a range of residential forms, including townhouses and low-profile apartments up to 14 meters in height. Located in the thriving community of Killarney, the property is close to essential amenities, public transit, parks, and shopping—making it highly attractive to prospective tenants. Currently, the property includes an illegal suite and a spacious oversized double garage, offering immediate rental income potential while planning for future redevelopment. This is a rare chance to secure a revenue-generating asset with long-term development possibilities in a sought-after neighbourhood. (id:47421)
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Detailed Information
Bedrooms
2
Bathrooms
1
Lot
6.1 x 0 m
Amenities Nearby
Golf Course, Schools, Shopping
Community Features
Golf Course Development
Features
See remarks, Back lane
Listing Contract Date
2024-10-01
Municipal ID
0018742023
Ownership Type
Freehold
# of Parking Spaces
4
Plan
6900
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Zoning Description
MC-1
Building
Appliances
Refrigerator, Dishwasher, Oven, Hood Fan, Window Coverings, Washer & Dryer, Water Heater - Gas
Architectural Style
Bungalow
Basement Development
Finished
Basement Features
Separate entrance
Basement Type
Full (Finished)
Constructed Date
1953
Construction Material
Wood frame
Construction Style (Attachment)
Detached
Cooling Type
None
Flooring Type
Ceramic Tile, Hardwood, Laminate
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Total Finished Area
972.74 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Kitchen
Main level
19.16 Ft x 11.91 Ft
Living room
Main level
22.34 Ft x 11.52 Ft
Primary Bedroom
Main level
11.25 Ft x 10.66 Ft
Bedroom
Main level
11.22 Ft x 10.24 Ft
4pc Bathroom
Main level
7.15 Ft x 6.43 Ft
Parking Spaces
Name
Spaces
Detached Garage
2
Land
Total Size
6000 square feet
Amenities
Golf Course, Schools, Shopping
Fence Type
Fence
Size of Irregular Land
6000.00
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