UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40837757
Annual Tax Amount $6,947
Lot Size 0.302 Acres
Acres 0.302
Property Sub-Type Commercial
Source Cornerstone
Property Description
The Site is currently improved a two-storey commercial building, containing a total building area of approximately 5,073 SF. The offering presents two excellent development options. The first option contemplates the conversion of the existing structure into a 12-unit residential property, supported by a site plan approval secured by the seller. The second option involves demolition of the existing structure and construction of a new apartment building. The Vendor's planner has prepared a principally as-of-right preliminary concept for a 5-storey, 23 suite building.
Location
Province ON
County Perth
Area Stratford
Zoning C3-11
Direction Albert St & Nile St
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, Cell Service, Electricity Connected
Lot Frontage 118.0
Lot Depth 104.9
Garage No
Building
Lot Description Urban, Rectangular, City Lot
Faces Albert St & Nile St
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 531220037
Ownership Freehold/None
Nearby Locations
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Doug Folsetter
Sales Representative | License ID: 4729737
Sales Representative License ID: 4729737