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Leeds And The Thousand Islands,ON K0E 1L0
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $357
MLS Listing ID X9411934
Annual Tax Amount $7,111
Tax Year 2023
Lot Size 0.500 Acres
Property Description
This beautifully restored property blends historic charm with modern amenities. The 10-plex includes seven 2-bdrm & three 1-bdrm units, with 8 units recently upgraded. On 1.8 acres, it offers significant development potential, incl. studies for additional 8-unit & 12-unit buildings, w/ site plan app pending. Sale incl. Site Plan Application In Process, Servicing & Storm-water Mgmt Report, Grading & Storm-water Mgmt Plan, Servicing Plan, Updated Transportation Impact Analysis, Noise Study(railway noise) (TBD), Conceptual Plans, Survey, & Severance Apps. Two front lots, set to be zoned R2, have severance apps in progress, offering more opportunities. In the picturesque Thousand Islands region, this property is ideally positioned to benefit from provincial incentives like Ontario's Bill 23,
promoting rapid development. Perfect for investors & developers, this unique offering combines historic charm with growth potential in a prime location in the highly desirable Thousand Islands region!
Location
Province ON
County Leeds & Grenville
Zoning R2
Rooms
Kitchen 0
Interior
Cooling None
Inclusions [OTHER]
Laundry Shared,Coin Operated
Exterior
Garage Spaces 10.0
Pool None
Utilities Available Unknown
Roof Type Metal
Building
Foundation Other