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50 Creighton Road Dundas, Ontario L9H 3B6

Acreage

$5,000,000

***ATTENTION: DEVELPERS AND BUILDERS***; MID RISE RESIDENTIAL CONDO OPPORTUNITY (75-125 UNITS) DOWNTOWN DUNDAS! One of kind property; 2.4 acres with Medium Density Multiple Dwelling( RM2)-Zoning. Present site plan concept of a 75-unit residential condominium development (based on HCA requirements) and potential rezoning to High Density allowing up to 125 units. Excellent site-2 blocks from downtown; surrounded by 100-year old mature trees & beautiful nature walking trails. Current structure on the property is a 10-unit tenanted multi-residential building. Value in Land. Buyer to do own due diligence. Income & expense. Topographic Survey; Erosion Hazard Assesement; Zoning certificate and site plan concept available. Assumable-open VTB (2.1 million-0% and 0 payments for the first 2 years; 3% & 3.5% yr 4). Offer presentation Nov. 30, 2020. (id:39389)

Property Details

MLS® Number H4093133
Property Type Vacant Land

Building

Appliances Dryer, Refrigerator, Stove, Washer & Dryer
Basement Type None
Fireplace Present No

Land

Acreage Yes
Size Depth 387 Ft
Size Frontage 314 Ft
Size Irregular 314.76 X 387.54
Size Total Text 314.76 X 387.54|2 - 4.99 Acres

Utilities

Cable Available
Sewer Available

https://www.realtor.ca/real-estate/22596196/50-creighton-road-dundas

Interested?

Contact us for more information


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