Development Opportunity for Large-Scale Investors w/0% interest VTB offer. Rare CD3.2 multi-residential/comm zoning & ideally located across from Windsor Regional Hospital, just mins from the US/Canada border, universities, & colleges. Zoning allows for various build options, from upscale apartments/condos, student/senior housing, etc. Combine w/MLS 24013088 adding 80 FT X 205 FT. With 230 feet of frontage, the ability to front on either street & a max build height of 55M, this site presents an exceptional investment opportunity w/boundless potential up to 330 units. Currently generating rental income, ensuring no financial losses during the project planning phase. Shortage of housing & high demand for rental units = perfect location for high-density dvlpmnts nearing local transit. Located in CIP zone, offering potnl $0 dvlpmnt fees & 10yr ppty tax exemption on new construction. Info pkg highlights numerous incentives, incl the CMHC low-interest rental construction program. Call today!
PROPERTY SPECS
Price $1,999,900
City Windsor, Ontario
Address V/L GOYEAU Street
Listing ID 24017981
Construction Other, See Remarks
Roof Unknown
Flooring Other, See Remarks
Garage 1
Land Size 150.57 ft X 204.93 ft x 150.58 ft x 204.49 ft
Type Multi-Family
Status For Sale
EXTENDED FEATURES
SubtypeOver 12 UnitsOwnershipFreeholdFoundationOther, See RemarksHeating / CoolingOther, See RemarksHeating FuelOther, See RemarksHot Water TankOther, See RemarksUtility WaterMunicipal WaterSewerSanitaryDate ListedAug 7, 2024Days on Market106