4288 QUEEN Street new Save Request In-Person Tour Request Virtual Tour
Beamsville,ON L0R1B0
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $0
Subdivision 982 - Beamsville
MLS Listing ID 40690312
Style 2 Level
Bedrooms 4
Originating Board Cornerstone - Hamilton-Burlington
Property Description
Prime Investment Opportunity with Development Potential! Discover this exceptional property situated on a lot measuring 102.53 feet wide by 163.28 feet deep, featuring GCBD zoning that unlocks a multitude of development possibilities. Currently, the property features a 3-unit residential triplex measuring approx 2,400 sqft, including Two 2-bedroom units & One bachelor unit. Additionally, there is a large detached garage, equipped with its own power source and heating, perfect for storage or workshop use. The GCBD zoning permits the construction of a 5-storey building with a wide range of potential uses including Apartment building, Hotels, motels, or inns, Office spaces, and many more versatile options. Substantial progress already made toward obtaining site plan approval for a 21-unit, 5 storey apartment building. For those looking to generate income immediately, the existing structures can be rented for an estimated market rent of $5,000 per month, making it a perfect investment for both short-term cash flow and long-term growth. Don't miss this chance to secure a property that combines immediate rental income with extraordinary future development potential. Contact us today to explore the possibilities! RSA. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 8'6'' x 7'8'' 4pc Bathroom
Extra Room 2 Second level 12'9'' x 15'4'' Living room
Extra Room 3 Second level 9'0'' x 13'9'' Kitchen
Extra Room 4 Second level 11'8'' x 12'2'' Bedroom
Extra Room 5 Second level 15'9'' x 12'3'' Primary Bedroom
Extra Room 6 Main level 5'0'' x 6'0'' 3pc Bathroom
Interior
Heating Forced air,
Cooling None
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 11
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Architectural Style 2 Level
Others
Ownership Freehold