Attention Builders, Developers & Investors! Fabulous opportunity - 17,612 sq ft 125.8’ X 140’ corner development lot fronting on 2 streets. No need for re-zoning, as the current RM1-508 zoning permits medium density, creating the opportunity and flexibility for a 4 - 5 unit Townhouse complex w/ potential secondary income suites or a 4 storey apartment house for maximum density. Situated in highly sought after location in rapidly growing area of Niagara, near proposed neighbourhood retail centre, close to quaint downtown area & just minutes from the Friendship Trail and Lake. For those looking to defer the project, a 1776 sq ft 4+ Bedroom home with detached 4 car garage currently sits on the property, providing an excellent rental opportunity to offset costs until planning and approvals are in place. (id:36058)
| MLS® Number | 40562233 |
| Property Type | Vacant Land |
| Basement Type | None |
| Utility Water | Municipal Water |
| Acreage | No |
| Fence Type | Fence |
| Sewer | Municipal Sewage System |
| Size Depth | 140 Ft |
| Size Frontage | 126 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Rm1-508 |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26671471/467-gorham-road-ridgeway
(905) 788-3232
www.coldwellbankeradvantage.ca/
Contact us for more information
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