Excellent Infill Development Opportunity! This approximately building lot offers an exceptional opportunity for builders, investors, and those looking to maximize the potential of a well-located property. Preliminary planning has already been completed, including a site plan identifying the proposed building envelope and required setbacks, providing a valuable head start in the development process. The property's current zoning supports a variety of residential possibilities, including the potential for a duplex. Concept plans envision a modern two-storey design featuring either a 480 sq. ft. lower-level unit with a 960 sq. ft. two-storey upper unit, or an alternative layout consisting of two approximately 720 sq. ft. self-contained units. Planned tandem parking accommodates current parking requirements without the need for a garage, maximizing the building footprint and functionality. A fantastic opportunity to build an income-generating investment property or create a thoughtfully designed multi-unit residence in a desirable location. (id:13843)
| MLS # | 40850329 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 91 |
| Listing Provided By | RE/MAX REAL ESTATE CENTRE INC. | CINDY DACOSTA |
| Zoning | R4 |
|---|
| Fireplace Yes / No | No |
|---|
| Lot Features | Country residential |
|---|
| Utilities | Natural Gas |
|---|---|
| Sewer | Municipal sewage system |
| Water Source | Municipal water |
| Tax Annual Amount | 1040 |
|---|
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N1R4B6 |
| Community Name | 20 City Core/Wellington |
| Listing VS Median (in 20 City Core/Wellington) | |
Price: $139,000 low | high Med: $377,000 On site: 91 low | high Med: 99 | |
| Province | ON |
|---|---|
| City | Cambridge |
| Postal Code | N1R4B6 |
| Community Name | 20 City Core/Wellington |
| Listing VS Median (in 20 City Core/Wellington) | |
Price: $139,000 low | high Med: $377,000 On site: 91 low | high Med: 99 | |