Size
-
Lot size
1906 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$5,012 (2025)
Parking Type
-
Style
Unknown
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Description
Build generational wealth by developing your own 12 unit multifamily property. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC
Broker: EXP REALTY
MLS®#: X9519987
Property details
Parking:
-
Parking type:
-
Property type:
Vacant Land
Heating type:
Unknown
Style:
Unknown
MLS Size:
-
Lot front:
20 Ft
Lot depth:
94 Ft
Listed on:
Sep 20, 2024
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Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
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