731 Kirk Drive Midland, Ontario L4R 5C2

$399,000

Calling all investors/builders-unique property in Midland with several possible building scenarios, selling under Power Of Sale. Current zoning allows for up to 3 units(triplex or duplex w/additional single family unit as per Government's Bill 23-More Homes Built Faster). Possibility of rezoning to a creat a subdivision in line with neighbouring homes. Site currently has a 3 meter town owned buffer separating the site from the dead-end of Kirk Dr. This buffer presents as a hold to protect access to neighbouring parcels that would be otherwise landlocked without it. Town is interested in promoting future residential development in this area and keen to work with possible buyers. An application must be submitted, and accepted by the town, in order for the hold to be removed. Key factor to acceptance of any plan is for the buyer and town to cooperate in providing future access to the neighbouring parcels. Developer may have the ability to acquire abutting similar sizes properties for future subdivisions. (id:12481)

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https://www.realtor.ca/real-estate/27301327/731-kirk-drive-midland