$1,100,000
4+1-Bed
3-Bath
Listed on 3/12/24
Listed by HOMELIFE EXCELSIOR REALTY INC.
Attention investors, developers, builders, and visionaries! Exceptional development opportunity just 1.4 km from University of Ontario Tech (UOIT). This large, 4 bedroom detached home, boasts a huge 50x250 lot. This property can be sold with neighboring 1482 Simcoe St North, a lovely detached bungalow on a sprawling 2.28 acre parcel of land, expanding your footprint and enjoying a combined frontage of over 147' on prized Simcoe St North. Positioned within the Medium Density II designation of the Samac Secondary Plan, this property offers the potential for 60-85 units per hectare*, making it a prime location for multi-unit residential development. Don't miss out on this incredible opportunity to shape the future of this thriving community!
Unbeatable location, minutes away from UOIT, grocery stores, schools, public transit, and more. Found in an area of intensification, new development, and growth.
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List Date | List Price | Last Status | Sold Date | Sold Price | Days on Market |
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E8136580
Detached, 2-Storey
10+4
4+1
3
5
Central Air
Finished
N
Alum Siding, Stone
Forced Air
Y
Inground
$5,026.00 (2024)
250.00x50.00 (Feet)