$999,900
Attention Builders, Developers & Investors! Fabulous opportunity - 17,612 sq ft 125.8’ X 140’ corner development lot fronting on 2 streets. No need for re-zoning, as the current RM1-508 zoning permits medium density, creating the opportunity and flexibility for a 4 - 5 unit Townhouse complex w/ potential secondary income suites or a 4 storey apartment house for maximum density. Situated in highly sought after location in rapidly growing area of Niagara, near proposed neighbourhood retail centre, close to quaint downtown area & just minutes from the Friendship Trail and Lake. For those looking to defer the project, a 1776 sq ft 4+ Bedroom home with detached 4 car garage currently sits on the property, providing an excellent rental opportunity to offset costs until planning and approvals are put in place. (id:38042)
Property Details
MLS® Number
|
40562233 |
Property Type
|
Vacant Land |
Building
BasementType
|
None |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
FenceType
|
Fence |
Sewer
|
Municipal Sewage System |
SizeDepth
|
140 Ft |
SizeFrontage
|
126 Ft |
SizeTotalText
|
Under 1/2 Acre |
ZoningDescription
|
Rm1-508 |
Utilities
Cable
|
Available |
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |