New Edinburgh - Lindenlea K1M 1Z6
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 1 BR
Bathrooms: 1

Financials

Price:C990,000
($705,900)
(€611,100)
Annual Taxes:C7,387
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Originally constructed as a duplex, this property has been fully gutted and professionally cleaned, offering a blank slate for redevelopment.

Description

Originally constructed as a duplex, this property has been fully gutted and professionally cleaned, offering a blank slate for redevelopment. All architectural drawings and plans are completed and ready for building permit submission. A recent survey is available. The property was previously zoned R4UD and has transitioned to N4B H(11), permitting the development of up to 10 residential units-an excellent opportunity for investors and developers. The existing structure features a layout that formerly included 2 bedrooms plus a den on the main level, 2 bedrooms on the upper level, and a basement with shared laundry and an additional large bedroom. With the current foundation and structure, there is strong potential to convert into a 4-unit building, or alternatively, pursue a full redevelopment into a new 10-unit project. Property is being sold in "as-is, where-is" condition with no warranties.

Amenities

  • In-Law Suite

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.