This prime piece of development land sits in the MIDDLE OF TOWN close to restaurants, grocery, schools & even Tim Horton's! Commercial plaza across the road has a medical facility with physio & other amenities. Plenty of options for development on a 0.626-acre (27,260 sq ft) site, whether it’s building a duplex, triplex, fourplex (or TWO sets of these!). A rare opportunity to develop a multifamily building & explore commercial opportunities at grade. See pictures for zoning info. Severance possibilities as well. If severed, multiple options are possible including for example building 1 fourplex first then another, each with their own financing. Maybe sell 1 & keep 1? Or perfect for co-housing/multi-generational living/co-living with friends. Close to highways. Access onsite to hydro, municipal water & sewer. Sold for land value—as is/where is. Home is near the end of its economic life. NOTE: GEO WAREHOUSE MEASUREMENTS ARE INACCURATE. SURVEY ON HAND TO CONFIRM SITE AREA. (29022630) (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
122 x 203 ft
Listing Contract Date
2024-11-05
Location Description
From Ottawa 417 West, exiting 145 for ON-7 towards Carleton Place/ Toronto. Continue on Hwy 7, turn right on Franktown Rd and continue to 212 Franktown Rd
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R2
Building
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Sewer
Installed
Land
Total Size
122 x 203 FT ; 0 | 1/2 - 1.99 acres
Sewer
Sanitary sewer
Size of Irregular Land
122 x 203 FT ; 0
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