Description
Altadore River Park prime development opportunity with rare recently rezoned M-CG zoning allows for both multi-residential and row housing with more lot coverage than RC-G zoning. Located a couple blocks from River Park and walking distance to Downtown, this lot is ideally situated for a future development. This is a 43.11 X 125.46' lot with potential of 5,511 Sq Ft of developable land with endless opportunity to build a multi-storey or row housing project. Close to all amenities including restaurants, big-box and grocery stores, and short trek to parks and schools. Existing full duplex is fully rented on a large corner lot. Each side is a 3 bedrooms duplex in livable condition. Two bedrooms located on the main floor, with a full 4-piece bathroom, kitchen with dining nook, and a large living room with hardwood floors. The basement offers another bedroom/den, laundry area, and plenty of storage space. There is a newer hot water tank and roof in the last few years, and one of the units has a newer furnace. Fully rented so you can have steady income until you are ready to build. This is a rare opportunity to buy a great investment property. Land is in high demand in well located areas of Altadore. Don't miss this rare opportunity! Please do not disturb tenants.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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1,713SQFT
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$432$/SQFT
Description
Altadore River Park prime development opportunity with rare recently rezoned M-CG zoning allows for both multi-residential and row housing with more lot coverage than RC-G zoning. Located a couple blocks from River Park and walking distance to Downtown, this lot is ideally situated for a future development. This is a 43.11 X 125.46' lot with potential of 5,511 Sq Ft of developable land with endless opportunity to build a multi-storey or row housing project. Close to all amenities including restaurants, big-box and grocery stores, and short trek to parks and schools. Existing full duplex is fully rented on a large corner lot. Each side is a 3 bedrooms duplex in livable condition. Two bedrooms located on the main floor, with a full 4-piece bathroom, kitchen with dining nook, and a large living room with hardwood floors. The basement offers another bedroom/den, laundry area, and plenty of storage space. There is a newer hot water tank and roof in the last few years, and one of the units has a newer furnace. Fully rented so you can have steady income until you are ready to build. This is a rare opportunity to buy a great investment property. Land is in high demand in well located areas of Altadore. Don't miss this rare opportunity! Please do not disturb tenants.