Listing Details

Builder's Alert!! Excellent opportunity to develop a Multi-unit project in Crescent Heights with MC1 Zoning. Included in the sale are the DP and a full set of Architectural drawings for building 4 units (2 in the front, 2 in the back). DP is approved by the City. This lot offers you 5202 sq feet in the Lot size. This proposed design features 2 or 3 bedroom units with the potential legalized basement suite to capture the maximum in the investment return. 2 storey unit offers 1080 square feet for the top 2 levels, and 525 square feet Basement suite to be legalized with required permits. Opportunity knocks that it is a Rare opportunity to purchase a MC1 zoning property under 1 million and the owner has gone through 1 year process to get the DP approved by the City.