Exciting Development Opportunity! Builders and investors, take note! This exceptional vacant parcel of land offers incredible potential in a prime residential neighborhood. Nestled on a peaceful, dead-end street just moments from downtown, parks, the hospital, public transit, and more, this 0.25-acre property is a rare find. The current project envisions an 8-unit development, with city approval underway, and there's even potential to expand to a 10-unit complex in the future. Included are permit-ready plans for a modern, 6-plex building featuring a mix of four 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. Thoughtfully designed for maximum comfort and livability, this layout is perfect for future tenants. Planned amenities include parking for 9 vehicles and 6 storage lockers, ensuring convenience and accessibility. Interested in unlocking the full potential? Reach out for more information about expanding to an 8-unit development. The Seller is also open to exploring partnership opportunities with the right terms in place. This property offers both versatility and an exceptional location don't miss out! (id:57448)
| MLS® Number | X12210829 |
| Property Type | Vacant Land |
| Neigbourhood | Waverley |
| Community Name | General Hospital |
| Features | Irregular Lot Size |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Frontage | 25 Ft |
| Size Irregular | 25 Ft |
| Size Total Text | 25 Ft|under 1/2 Acre |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
Contact us for more information
Kristin Ghent
Salesperson
(519) 804-4095
(519) 885-1251
chestnutparkwest.com/
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