Builder's Alert!! Excellent opportunity to develop a Multi-unit project in Crescent Heights with MC1 Zoning. Included in the sale are the DP and a full set of Architectural drawings for building 4 units (2 in the front, 2 in the back). DP is approved by the City. This lot offers you 5202 sq feet in the Lot size. This proposed design features 2 or 3 bedroom units with the potential legalized basement suite to capture the maximum in the investment return. 2 storey unit offers 1080 square feet for the top 2 levels, and 525 square feet Basement suite to be legalized with required permits. Opportunity knocks that it is a Rare opportunity to purchase a MC1 zoning property under 1 million and the owner has gone through 1 year process to get the DP approved by the City.
Listed by Jessica Chan Real Estate & Management Inc.
Data was last updated December 27, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$519,850
Min list price:
$259,900
Max list price:
$2,749,000
Avg days on market:
66
Min days on market:
14
Max days on market:
208
Avg price per sq.ft.:
$533.45
These statistics are generated based on the current listing's property type
and located in
Crescent Heights. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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