$650,000
Exciting Development Opportunity! Builders and investors, take note! This exceptional vacant parcel of land offers incredible potential in a prime residential neighborhood. Nestled on a peaceful, dead-end street just moments from downtown, parks, the hospital, public transit, and more, this 0.25-acre property is a rare find. The current project envisions an 8-unit development, with city approval underway, and there's even potential to expand to a 10-unit complex in the future. Included are permit-ready plans for a modern, 6-plex building featuring a mix of four 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. Thoughtfully designed for maximum comfort and livability, this layout is perfect for future tenants. Planned amenities include parking for 9 vehicles and 6 storage lockers, ensuring convenience and accessibility. Interested in unlocking the full potential? Reach out for more information about expanding to an 8-unit development. The Seller is also open to exploring partnership opportunities with the right terms in place. This property offers both versatility and an exceptional location don't miss out! (id:41954)
Property Details
MLS® Number
|
X12210829 |
Property Type
|
Vacant Land |
Community Name
|
General Hospital |
Features
|
Irregular Lot Size |
Building
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Sanitary Sewer |
Size Frontage
|
25 Ft |
Size Irregular
|
25 Ft |
Size Total Text
|
25 Ft|under 1/2 Acre |
Utilities
Cable
|
Available |
Electricity
|
Available |
Sewer
|
Available |
https://www.realtor.ca/real-estate/28447243/106-sunnylea-crescent-guelph-general-hospital-general-hospital