Quick Summary
Quick Summary
- Desirable duplex on double lot near Tunney's Pasture LRT
- Potential to build two 10-unit multi-family properties
- Minimized site plan control costs and time
- Fully rented with gross income of $72,800 and NOI of $52,918
- Low maintenance property in prime location
- Zoning allows for multiple development options
- Close to transit, shopping in Wellington Village and Hintonburg
- Phase 1 & 2 Environmental report completed and available
Developers & Builders - Duplex on double lot 66' x 96' within 100 meters of the Tunney's Pasture LRT Station. Possible to build two 10 unit mutli-family on 33' lots with shared drive to parking in back. This would minimize site plan control costs and time. Properties fully rented. Gross Income $72,800 and NOI $52,918. Low maintenance.... Show More
Developers & Builders - Duplex on double lot 66' x 96' within 100 meters of the Tunney's Pasture LRT Station. Possible to build two 10 unit mutli-family on 33' lots with shared drive to parking in back. This would minimize site plan control costs and time. Properties fully rented. Gross Income $72,800 and NOI $52,918. Low maintenance. Zoning is TM13[2110] H(14.5) which allows for multiple development options. Easy to rent in prime location close to transit and shopping in Wellington Village and Hintonburg. There are adjacent properties North of this one also available for development. Phase 1 & 2 Environmental report completed and available. No showings without an accepted offer as the property is being sold for land value. Two Business Days irrevocable on all offers. Buyers to independently verify zoning and development possibilities. Additional information & documents available upon request. (id:54626)
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