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$849,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 26010266
Year Built 1940
Property Sub-Type Freehold
Property Description
Rare development opportunity on a large lot with 73 ft of Cadillac St frontage, beside the Chrysler plant. The Current site contains a Cash-flowing duplex generating $3,030/month ($1,500 main + $1,530 upper) plus $1,320/month from 28 parking spaces — $4,350/month total ($52,200/year). Zoned M1.1 (industrial). The Lot presents the potential to sever and develop up to 2 additional lots while the duplex generates income. Seller has the plans and architectural drawings available for a future proposed 12 Unit 3 Story Townhouse Available — subject to severance and zoning approval, buyer to verify all permitted uses. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level Measurements not available Living room
Extra Room 2 Second level Measurements not available 4pc Bathroom
Extra Room 3 Second level Measurements not available Bedroom
Extra Room 4 Second level Measurements not available Bedroom
Extra Room 5 Second level Measurements not available Kitchen
Extra Room 6 Basement Measurements not available Laundry room
Interior
Heating Furnace,
Flooring Ceramic/Porcelain, Hardwood, Laminate
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2
Others
Ownership Freehold
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Listed by KW SIGNATURE