Large Opportunity Awaits! Good Cash flow and being sold together with 463 bond allowing for long term construction of a large apartment building. 455 bond street east is a previously assembled property consisting of a large hall as well as a detached house currently in a robust PSC zoning type. Currently occupied hall and vacant home.. existing rent for hall and an occupied house estimates 114k+ annual income against 25k average expenses (inquire for finance sheet) 88k NOI PSC-A zoning allowing for a wide range of uses retail to residential. PSC zoning allows for large apartment building with no inherit story cap, generous set backs allowing for large redevelopment of the site. Potential to purchase rear hydro easement allowing second street access to the site. **EXTRAS** All appliances, chattels not belonging to tenants are included in sale. Sale would be subject to HST and in addition to price if applicable. (id:47421)
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Detailed Information
Lot
102.67 x 130 ft
Listing Contract Date
2025-01-14
Location Description
Bond St E and Cadillac Ave N
# of Parking Spaces
10
Property Type
Retail
Transaction Type
For sale
Zoning Description
PSC-A R5-B
Business
Business Type
Retail and Wholesale
Business Subtype
Retail misc.
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
102.7 x 130 FT
Size of Irregular Land
102.7 x 130 FT
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