674 DE L'EGLISE St

FOR SALE
$975,000
Expired
$0
674 DE L'EGLISE St, Vanier and Kingsview Park
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
674 DE L'EGLISE St
0
BEDROOMS
0
BATHROOMS
0
KITCHENS
0
ROOMS
X9516307
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-31 2024-11-30 122 $975,000 - Expired
2024-02-13 2024-06-15 123 $1,200,000 - Expired
2024-02-13 2024-06-15 124 $1,200,000 - Expired
Property Description
Situated On A Meticulously Chosen Lot With Front & Back Access On Two Streets, This Exceptional Development Project Boasts The Approval From The Committee Of Adjustment For The Lot To Be Severed Into Two With Each Lot Having Coa Approved Plans / Variances To Host An 8Plex For A Total Of 16 Units. Each Thoughtfully Designed 8Plex Offers A Diverse Range Of Layouts To Cater To Various Tenant Needs, Including 2X 2Bedrm, 5X 1Bedrm (Including One Barrier Free Unit) & 1X Studio. Next Steps For You: With Variances And Severances Secured; And Some Of The Key Documentation / Steps Completed; The Next Milestone Is Obtaining The Building Permit & Checking The Possibility Of Eligibility For No Gst On The Construction Of The Multi Family Units & Financing Through The Government Of Canada's Building Accelerator Fund. The Existing House Is Rented. This Project Offers Visionary Builders A Rare Opportunity For Lucrative Returns & Success. Contact Me Today For More Details On This Meticulously Planned Venture.
Property Details
Community
Property Type
Vacant Land
Similar Listings
259 BRADLEY Ave, Vanier and Kingsview Park
0
BEDS
0
BATHS
$1,049,000
FOR SALE
Build generational wealth by developing your own 12 unit multifamily property. Experienced Planners and Builders have created this unique layout so that the end user can save upwards of $100k+ in development charges, cash-in-lieu fees, and more compared to a traditional purpose built 12-16 unit building while enjoying the same rental income. Other advantages of this design includes: no sprinkler system, available municipal garbage collection, no required accessible units, no common stairway, available on-site parking and more. The efficient design helps minimize maintenance costs and maximizes profitability for future owners, while lowering development charges and construction costs. With the new Zoning By-law amendment, there is potential to add an additional 4 units, for a total of 16 units. No site plan &/or zoning by-law amendment required. Take advantage of federal rebates as well as the available plans which can take you straight to building permit while utilizing CMHC MLI select level 3 program which offers you higher amortization and lower interest payments. Buyer to pay for development charges, and permitting fees. Plans available upon request. Available studies: TIR, Grading, Architectural, Structural layouts, and HVAC
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