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Investor alert! Exceptional development opportunity! Lot currently has a tenanted home on the property. 3 bed + den and 1 bath - 4 piece. Seize the potential of this multi-residential property, optimally located in the vibrant neighborhood of crescent heights. Boasting m-c1 zoning, this corner lot presents a unique prospect for development, with city approvals and permits already in place. Included are professional architectural renderings by a renowned inner-city specialist, tailored to enhance the utility and appeal of the space. The proposed designs feature potentially a versatile 2 or 3-bedroom units, each with a potential legally compliant basement walkout, making them ideal for student accommodations or long-term mixed-use tenancy. Capitalize on this prime investment opportunity! Existing dwelling will be demolished at buyers expense. Some photos are examples of rendering drawings.
Data was last updated November 5, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$475,000
Min list price:
$196,900
Max list price:
$2,800,000
Avg days on market:
47
Min days on market:
1
Max days on market:
155
Avg price per sq.ft.:
$502.91
These statistics are generated based on the current listing's property type
and located in
Crescent Heights. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.