Average square foot calculated using Size range provided by listing agent.
Description
CALLING ALL BUILDERS, DEVELOPERS & INVESTORS! Discover an exceptional investment opportunity with this prime property. A premium lot with zoning for 5 row townhomes and 5 legal basement suites. Transition from purchase to development is seamless with comprehensive Development Permit (DP) plans in place, an approved DTR1, and upcoming DP approval. Ideal for qualified investors aiming to maximize benefits under the CMHC MLI Select program, this project offers substantial incentives. Currently generating $2500 in rental income from a bungalow setup, seize the chance to develop in the vibrant community of Tuxedo Park. Don’t miss out on this unique opportunity to create a highly sought-after investment property!
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