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Zoned R3-1.D79; this intercity 1.47-acre prime development lot near the south end, offers several options for you. Based on the lot size, there was an architectural designed model and site plan approved in the 90's to construct a 50-unit complex. Even though the views of the city are quite stunning from the top, your sights might not be set as high for such a large project. The city reviewed a future 11 unit condo development in April 2021 and the possibilities still exist for a multi-unit revenue generating building. A new formal approval may be required with the city depending on the scope of your development. Pictures show several views from the lot. The lot is between addresses 998 & 1020 Martindale Rd. Please inform listing agents if you plan on visiting the site and reach out if you would like further information or pictures of the model, lot layout, etc. (id:10452)
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|Property Type||Vacant Land|
|Days On Our Website||131|
|Lot Dimensions||1.47 acres|1 - 3 acres|
Listing Office: RE/MAX SUDBURY INC., BROKERAGE
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