An exceptional investment opportunity! This proposed three-storey, 22-unit apartment building is designed with both functionality and strong income potential in mind. Featuring a well-balanced unit mix, including two accessible units, the layout appeals to a broad tenant base while meeting modern accessibility standards. Purpose designed with investors in mind, the efficient three-storey design maximizes density while keeping construction and operating costs manageable, an ideal combination for those seeking stable cash flow and long-term appreciation. The inclusion of accessible units further enhances marketability and positions the property to meet evolving rental demand. Ideally located with excellent access to Highway 401 and within walking distance to downtown amenities, this site offers outstanding convenience for tenants-an important driver of occupancy and rental stability. Proximity to shopping, services, and employment hubs makes this a highly desirable rental location. A rare opportunity to secure a well conceived multi-residential development with strong upside potential perfect for investors looking to expand or establish their portfolio with a high-demand asset. (Note: It is the land, plans, and existing approvals are being sold.) (id:12481)
| MLS® Number | X13062610 |
| Property Type | Vacant Land |
| Community Name | Trenton Ward |
| AmenitiesNearBy | Golf Nearby, Hospital, Marina |
| CommunityFeatures | School Bus |
| Features | Level Lot, Flat Site |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Golf Nearby, Hospital, Marina |
| Sewer | Sanitary Sewer |
| SizeDepth | 174 Ft |
| SizeFrontage | 154 Ft |
| SizeIrregular | 154 X 174 Ft |
| SizeTotalText | 154 X 174 Ft|1/2 - 1.99 Acres |
| ZoningDescription | C5-2 |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
Ron Steenbergen
Broker