Prime Redevelopment Opportunity in a Coveted NeighbourhoodPresenting an exceptional opportunity to acquire a substantial parcel of land at 5 & 7 Foxwarren Drive, currently featuring one building with two assigned street numbers. This property is ideal for demolition and redevelopment into a fourplex and a separate garden suite.Potential Redevelopment Plans:Main Building (Fourplex): Can be designed to accommodate four spacious units, each featuring over 2,000 square feet with 3 bedrooms and 4 bathrooms. Includes the option to add an underground garage with a car lift for parking 6 vehicles.Garden Suite: A separate, two-level building with 3 bedrooms, 3 bathrooms, and a rooftop garden, covering approximately 1,100 square feet.Key Features:Large Land Area: The property spans 7,252 square feet, offering ample space for redevelopment.Versatile Design Potential: The existing building is currently furnished and decorated for 16 occupants, suitable for licensed short-term rentals or large families.Prime Location: Only 2.5 minutes walking distance to Bayview Shopping Mall and steps from the Subway Station.Cost Efficiency: No minor variance, committee of adjustment, or development fees required for the five legal units.Convenient Amenities: Proximity to shopping, dining, and public transportation.Immediate Rental Income: The seller will rent back the property for $7,800 per month for one year, providing the perfect timeline for final design, city zoning permits, and building permits. This arrangement offers significant rental income, facilitating easier mortgage acquisition for the buyer.This property offers a rare combination of substantial land area, redevelopment potential, and a prime location. Seize the opportunity to design and build a high-yield investment in a desirable neighbourhood.More details
Attention profit-seekers! This leased farmland guarantees substantial returns in less than 3 years. We're seeking a swift cash deal! Invest now & enjoy assured profits. Whether you choose to resell or farm later, we offer the option to repurchase with a later closing date, ensuring substantial gains. Your investment remains secure, and the terms are yours to decide. An exceptional opportunity presents itself in the renowned Holland Marsh with a remarkable 21.63 Acre Parcel. The land boasts enriched soil & direct river access for irrigation purposes. Among the key features, you'll find 6 acres specifically earmarked for building purposes. This includes space for a single-family residence, a barn, hydroponic greenhouses, a farmer's market, and even a petting zoo. The potential is vast!More details
Attention profit-seekers! This leased farmland guarantees substantial returns in less than 3 years. We're seeking a swift cash deal! Invest now & enjoy assured profits. Whether you choose to resell or farm later, we offer the option to repurchase with a later closing date, ensuring substantial gains. Your investment remains secure, and the terms are yours to decide. An exceptional opportunity presents itself in the renowned Holland Marsh with a remarkable 21.63 Acre Parcel. The land boasts enriched soil & direct river access for irrigation purposes. Among the key features, you'll find 6 acres specifically earmarked for building purposes. This includes space for a single-family residence, a barn, hydroponic greenhouses, a farmer's market, and even a petting zoo. The potential is vast!More details
Data was last updated November 23, 2024 at 06:55 AM (UTC)
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