Prime development opportunity. This property is being sold for land value and offers residential redevelopment potential. Zoned R2, permitted uses include: single detached dwellings, semi-detached buildings, semi-detached dwellings, and duplexes. The city has indicated support for creating two lots, subject to a minor variance for each lot and a consent application. Current lot is 520 sq m (just 20 sq m shy of the combined minimum area for two lots). Ideal for developers or investors looking to capitalize on a centrally located property with strong long-term potential.. This is an Estate Sale. (id:47421)
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Detailed Information
Lot
75 x 74.75 ft
Listing Contract Date
2026-02-19
Location Description
Cross Streets: Elgin St E and Mary St N. ** Directions: South on Simcoe St N, East on Elgin St e, South on Mary St N, West side.
# of Parking Spaces
11
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
R2
Building
Basement Type
None
Exterior Finish
Brick, Vinyl siding
Foundation Type
Slab
Stories Total
1.5
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Garage
Utilities
Type
Description
Cable
Installed
Electricity
Installed
Sewer
Installed
Land
Total Size
75 x 74.8 FT | under 1/2 acre
Sewer
Sanitary sewer
Size of Irregular Land
75 x 74.8 FT
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