Opportunity awaits on this huge curved corner lot but would be essentially 26.36 meters of frontage. CO-OP across the street is set to be redeveloped. A recent land-use change for the other end of the block to M-C1 zoning & a DP approved for a 20 unit 4 1/2 story project. This lot has many options & could possibly be combined with the two neighboring homes to achieve a similar project. 532 is also currently on the market with the neighbor in between who would consider selling as well. The corner lot could fit 4-6 units with a land-use change to an R-CG or M-CG zoning. Check out the sketch options for various possible layouts in the attachments. The home itself is in very good condition & features hardwood floors throughout the main floor with a renovated kitchen. Downstairs you’ll find an illegal, non-conforming basement suite. The main floor is now vacant but was previously rented for $1250 +2/3 utilities. Basement is currently rented for $750 +1/3 utilities per month. Book a showing today!
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on April 25th, 2019 at 2:45am MDT.