Unbelievable opportunity for a small investor, builder, or group of investors. This 1.4-acre property (7 lots) includes a 3-bedroom house on one lot, providing great rental income (upward of $1,800/month) and vacant land for additional revenue potential (storage/truck parking).

Zoned C-2A, offering multiple development possibilities:

Potential for an apartment building (up to 55 units)
City has indicated possible reduced DCCs and a 10-year tax holiday for rental apartments
Option to sell the house separately and develop duplexes or fourplexes on the remaining lots
When you call please mention you found this ad listing on OKz.ca