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$1,350,000
Available - For Sale
Listing ID: X12316001
This amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville.
Price $1,350,000
Taxes: $0
Tax Type: Annual
Occupancy by: Vacant
Address: LT 2 Read Street East , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi
Postal Code: K0G 1N0
Province/State: Leeds and Grenvi
Legal Description: Lot 2 and part of lots 1, 3, 4, 5, 7, 8
Directions/Cross Streets: Between Read and St.Patrick. South of Drummond
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
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Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  0
Washroom 27:  0
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  0
Washroom 32:  0
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Washroom 36:  0
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Washroom 55:  0
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Washroom 58:  0
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Washroom 60:  0
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Washroom 62:  0
Washroom 63:  0
Washroom 64:  0
Washroom 65:  0
Washroom 66:  0
Washroom 67:  0
Washroom 68:  0
Washroom 69:  0
Washroom 70:  0
Washroom 71:  0
Washroom 72:  0
Washroom 73:  0
Washroom 74:  0
Washroom 75:  0
Washroom 76:  0
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Washroom 80:  0
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Washroom 82:  0
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Washroom 84:  0
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Washroom 86:  0
Washroom 87:  0
Washroom 88:  0
Washroom 89:  0
Washroom 90:  0
Washroom 91:  0
Washroom 92:  0
Washroom 93:  0
Washroom 94:  0
Washroom 95:  0
Washroom 96:  0
Washroom 97:  0
Washroom 98:  0
Washroom 99:  0
Washroom 100:  0
Washroom 101:  0
Washroom 102:  0
Washroom 103:  0
Washroom 104:  0
Washroom 105:  0
Washroom 106:  0
Washroom 107:  0
Washroom 108:  0
Washroom 109:  0
Washroom 110:  0
Washroom 111:  0
Washroom 112:  0
Washroom 113:  0
Washroom 114:  0
Washroom 115:  0
Category: Designated
Total Area: 1.26
Total Area Code:  Acres
Maintenance: 0
Sewers: None
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ROYAL LEPAGE TEAM REALTY

LT 2 Read Street East , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi

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Paulette Zander
Sales Representatives
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416-456-7481
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416-203-6636
Fax:
416-203-1908

 
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Type: Com - Land
Area: Leeds and Grenville
Municipality: Merrickville-Wolford
Neighbourhood: 804 - Merrickville
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Lot Size: x 80.00(Metres)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908