Property
Ownership: | For Sale |
---|---|
Type: | Land |
Bedrooms: | Studio |
Pets: | Pets No |
FinancialsPrice:C1,350,000($982,004)(€828,828)
Price:C1,350,000
($982,004)
(€828,828)
DescriptionThis amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville.
This amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville.
This amazing 1. 264 acre commercial lot presents a rare and highly desirable opportunity for developers and investors.
DescriptionThis amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville.
This amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.