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Prime Development Site for Townhomes

CA$1,299,999
  • 3 Bedrooms
  • 2 Bathrooms
  • 1,862 m² Plot surface

Description

This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area!

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Engel & Völkers

Your advisor: Mark Drelich

Property ID: AM-5057603

Property details

Property type

House

Bedrooms

3

Bathrooms

2

Plot surface

1,862 m²

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