Situated on a meticulously chosen lot w/ front & back access on two streets, this exceptional development project boasts the approval from the Committee of Adjustment for the lot to be severed into two w/ each lot having COA approved plans / variances to host an 8plex for a total of 16 units. Each thoughtfully designed 8plex offers a diverse range of layouts to cater to various tenant needs, including 2X 2bedrm, 5X 1bedrm (including one barrier free unit) & 1x Studio. Next Steps for you: w/ variances and severances secured; and some of the key documentation / steps completed; the next milestone is obtaining the building permit & checking the possibility of eligibility for no GST on the construction of the multi family units & financing through the government of Canada's building accelerator fund. The existing house is rented. This project offers visionary builders a rare opportunity for lucrative returns & success. Contact me today for more details on this meticulously planned venture. (28634306)
Property Type
Vacant Land
Neighbourhood Name
Castle Heights
Annual Property Taxes
$4,082 (CAD)
Time on REALTOR.ca
97 days
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