Development Opportunity for Large-Scale Investors w/0% interest VTB offer. Rare CD3.2 multi-residential/comm zoning & ideally located across from Windsor Regional Hospital, just mins from the US/Canada border, universities, & colleges. Zoning allows for various build options, from upscale apartments/condos, student/senior housing, etc. Combine w/MLS 24013088 adding 80 FT X 205 FT. With 230 feet of frontage, the ability to front on either street & a max build height of 55M, this site presents an exceptional investment opportunity w/boundless potential up to 330 units. Currently generating rental income, ensuring no financial losses during the project planning phase. Shortage of housing & high demand for rental units = perfect location for high-density dvlpmnts nearing local transit. Located in CIP zone, offering potnl $0 dvlpmnt fees & 10yr ppty tax exemption on new construction. Info pkg highlights numerous incentives, incl the CMHC low-interest rental construction program. Call today! (id:47421)
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Detailed Information
Amenities Nearby
Recreation Nearby
Ownership Type
Freehold
Property Type
Vacant Land
Transaction Type
For sale
Zoning Description
CD3.2
Building
Land
Total Size
150.57 ft X 204.93 ft x 150.58 ft x 204.49 ft
Amenities
Recreation Nearby
Size of Irregular Land
150.57 ft X 204.93 ft x 150.58 ft x 204.49 ft
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