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


Property

Website:https://www.nestseekers.com/5441979
Address:
New Edinburgh - Lindenlea K1M 1Z6
Canada
Ownership: For Sale
Type: Duplex
Bedrooms: 1 BR
Bathrooms: 1

Financials

Price:C990,000
($705,900)
(€611,100)
Annual Taxes:C7,387

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

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario