CA$699,900

Description

Prime and shovel ready development opportunity in the popular and vibrant neighbourhood of Hintonburg. This large lot, zoned R4, sits on a quiet, no-thru road and provides incredible opportunities for the savvy real estate developer. Current owner has permit approved drawings for a four-plex property available - All that's required is to pull the permit. There is a possibility of having 6, potentially 8 units, providing incredible potential for rental income. Exceptional location with easy highway access, just steps to public transit and close parks, shops and restaurants that Hintonburg & Wellington Village have to offer. A safe investment long term in this rapidly growing city! Please note that the property is being sold for land value only. No access inside the existing home - It is ready for demolition, included "as-is & where-is" and the Seller makes no representation or warranties.

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Engel & Völkers

Your advisor: Justin Millette

Property ID: AM-5043678

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