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:12481)
MLS® Number | 40674319 |
Property Type | Vacant Land |
AmenitiesNearBy | Hospital, Public Transit |
Features | Cul-de-sac |
BasementType | None |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Hospital, Public Transit |
Sewer | Municipal Sewage System |
SizeFrontage | 25 Ft |
SizeIrregular | 0.246 |
SizeTotal | 0.246 Ac|under 1/2 Acre |
SizeTotalText | 0.246 Ac|under 1/2 Acre |
ZoningDescription | R.4a |
Cable | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/27660688/106-sunnylea-crescent-guelph
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
Ron Steenbergen
Broker