Property Information:
PERFECT MINI-DEVELOPMENT POTENTIAL!!! This is a promising development opportunity for investors keen on creating an eight-townhouse site within walking distance of Niagara College. This lot is ideal for either demolishing the existing house to construct eight affordable townhouses or subdividing into three 40-foot frontage lots. With the HST rebate currently available, there is strong demand for land to secure pre-sales. Concept plans suggest the possibility of eight townhouse lots at approximately $100,000 per lot, with an additional $50,000 allocated for consulting and necessary official plan and zoning by-law amendments. Pre-consultations are recommended for any development initiatives, whether for three lots or eight townhouses. A demolition estimate is also available, and tenants are amenable to staying until demolition is required. This is an excellent opportunity for development and land acquisition in a prime student area near Niagara College. Concept plans for townhouse or detached lots available. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Air Conditioning:
Yes
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Basement Development:
Unfinished
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Basement Type:
Full
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Construction Style - Attachment:
Detached
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Exterior Finish:
Steel
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Floor Space:
1100 - 1500 sqft Square Feet
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Foundation Type:
Poured Concrete
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Wall unit
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Appliances:
Water meter