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$ 1,999,900
Est. payment | /mo
$ 1,999,900
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 24017353
Originating Board Windsor-Essex County Association of REALTORS®
Property Description
Development Opportunity for Large-Scale Investors w/0% interest VTB offer. Rare CD3.2 multi-residential/comm zoning & ideally located across from Windsor Regional Hospital, just mins from the US/Canada border, universities, & colleges. Zoning allows for various build options, from upscale apartments/condos, student/senior housing, etc. Combine w/MLS 24013088 adding 80 FT X 205 FT. With 230 feet of frontage, the ability to front on either street & a max build height of 55M, this site presents an exceptional investment opportunity w/boundless potential up to 330 units. Currently generating rental income, ensuring no financial losses during the project planning phase. Shortage of housing & high demand for rental units = perfect location for high-density dvlpmnts nearing local transit. Located in CIP zone, offering potnl $0 dvlpmnt fees & 10yr ppty tax exemption on new construction. Info pkg highlights numerous incentives, incl the CMHC low-interest rental construction program. Call today! (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by JUMP REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "