LOADING

50 Creighton Road Dundas, Ontario L9H 3B6

None 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:31087)

Business

Business Type Other

Property Details

MLS® Number H4093265
Property Type Business

Building

Appliances Dryer, Refrigerator, Stove, Washer & Dryer
Basement Type None
Cooling Type None
Fireplace Present No
Utility Water Municipal Water

Land

Acreage Yes
Sewer No Sewage System
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

https://www.realtor.ca/real-estate/22602040/50-creighton-road-dundas

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