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$139,000
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Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40850329
Annual Tax Amount $1,040
Property Sub-Type Residential
Source Cornerstone
Property Description
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.
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.
Location
Province ON
County Waterloo
Area 12 - Galt East
Zoning R4
Direction OXFORD TO BOND
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Lot Frontage 30.0
Lot Depth 76.6
Garage No
Building
Lot Description Rural, None
Faces OXFORD TO BOND
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 038140948
Ownership Freehold/None
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Listed by RE/MAX REAL ESTATE CENTRE INC.
NEARBY SCHOOL & BUSINESS
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