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Attention investors and developers! This is your chance to acquire a prime corner lot in the highly desirable Tuxedo Park community. With over 5,700+ sq ft of M-C1 zoned land, this property offers tremendous potential for a multi-family development.
A Development Permit application for a 4-Plex with Legal Suites is already in progress, making it an ideal investment for those looking to capitalize on the growth in the area. Each unit is designed to feature 3 bedrooms, 2.5 baths above grade, plus a 1-bedroom, 1-bath legal basement suite, maximizing rental income potential.
Disconnection work completed, and the existing home is ready for demolition.
This is the perfect opportunity for developers to create a modern, high-demand living space in a fantastic location.
Don’t miss out on this incredible opportunity to build in one of the city\'s most sought-after neighborhoods!
DP Drawings not Approved yet so may be modified as required.
Listing Brokerage: Easy List Realty