Introducing an exceptional investment opportunity in a prime location! Situated just steps from St. Joseph’s Hospital and within the rapid transit corridor, this fully serviced building lot offers incredible potential. Now qualifying for city grants and forgivable loans, this lot benefits from newly ratified parking bylaw changes, allowing the construction of a triplex or 4-plex without the need for minor variances or minimum parking requirements. The sale includes a complete set of permit-ready architectural drawings and engineering, already approved. All underwriting is done—covering tree, water, wind, grading studies, retaining walls, and permit requirements. In addition, a turnkey package is available including; a Turkstra Lumber framing kit, water and sewer servicing, excavation, and concrete foundation, all ready to go for just $140K. This property is designed to attract premium professional tenants, and with no rent controls, the earning potential is limitless. Seize this rare chance to build your investment with ease and confidence! (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
35 x 104 ft
Amenities Nearby
Hospital, Public Transit
Listing Contract Date
2024-10-04
Location Description
JAMES ST TO ST JOSEPHS DR
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R
Building
Basement Type
None
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Land
Total Size
under 1/2 acre
Amenities
Hospital, Public Transit
Sewer
Municipal sewage system
Soil Type
Clay
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