$4,163,182

Prime Development Opportunity Four Blocks from Downtown. Discover a rare offering in the heart of the city, just four blocks away from Queen Street and downtown. This expansive 1.25-acre property, available for the first time since its acquisition and renovation in 1959, presents immense potential for visionary developers. Boasting two parcels of land, including a duplex and a detached heated 3-car garage, the site is ideally suited for a range of development options. With its zoning allowing for potential, commercial and single-family lots or townhome development, this property promises significant returns in a rapidly growing market. The current owner is open to remaining as a tenant, facilitating a smooth transition and offering potential income during the development process. Additionally, all three buildings on the site are available for lease, further enhancing flexibility for interested parties. Don’t miss out on this unparalleled opportunity to shape the future landscape of this vibrant community. Whether you’re looking to capitalize on the burgeoning demand for residential properties or seeking to create a landmark development, this property is poised to fulfill your vision. Schedule your viewing today and explore the endless possibilities awaiting at this prime downtown location. (id:7434)

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Amenities

• Bedrooms: 4
• Full Bathrooms: 4
• Partial Bathrooms: 2
• Property Type: Single Family
• Architectural Style: 2 Level
• Home size: 5,351 ft² / 497.12 m²
• MLS: 40607663
• Web ID: UHY2RF
• Status: Active

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