Investors Alert!! Neighbourhood properties has been passed to be rezoned into a 48 units condo site with slab on grade parkade. This property holds a future potential to be rezoned from R2 to R5 zoning (low rise apartment zoning). Buyer or Buyers Agent to please verify and do their own due diligence from City to confirm it. House has had renovations and is in a good livable condition. House is rented for $2950 a month. Assemble with neighbour (45656 Wellington) which is a Corner property for total land size of 15500 sqft. Build approx 35-39 condo units. 3rd option to Potentially assemble with 9427 Corbould St (6567 sqft land) = approx 22000 sqft of Land (3 lot assembly which is close to 45-48 units). (id:54626)

45644 Wellington Ave