Situated on a meticulously chosen lot with access from two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2-bedroom, 6X 1bedroom (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligiblity for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rentable. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (id:47421)
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Detailed Information
Bedrooms
2
Bathrooms
1
Lot
63 x 100 ft
Amenities Nearby
Public Transit, Shopping
Listing Contract Date
2024-02-12
Municipal ID
042420165
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Zoning Description
R4UA
Building
Appliances
Refrigerator, Dishwasher, Dryer, Stove, Washer
Architectural Style
Bungalow
Basement Development
Unfinished
Basement Features
Low
Basement Type
Unknown (Unfinished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Siding
Flooring Type
Laminate, Ceramic
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Main level
13'9" x 12'1"
Kitchen
Main level
14'0" x 12'9"
Primary Bedroom
Main level
10'6" x 9'8"
Bedroom
Main level
9'9" x 8'4"
Full bathroom
Main level
Measurements not available
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
63 ft X 100 ft
Amenities
Public Transit, Shopping
Sewer
Municipal sewage system
Size of Irregular Land
63 ft X 100 ft
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