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Huge Upside!! 10 2-Bedrooms (Chateau-Style). Accretive For Both Investors And Developers: A) Investors: Easily Turn Into 14-Plex By Adding 4-Units In Basement. B) Developers: Use Current Apartments As Holding Income Then Redevelop As 8-Storey Live/Work Condos/Offices Under Current Zoning And Official Plan. 2-Bedroom Condos Selling Over $600,000/Unit. Fully Renovated 2-Bedrooms Rents In $2000/Mo Range. Rare Live/Work Development Opportunity (Zoned Insh). High Basement. 19-Parking Spots, 2-Road Frontages/Corner Lot, On Main Arterial Road In Centre Of Town (Does Not Get Better!). Esa-Inspected & Architect-Stamped Renos (2015): 10-New Breaker Panels, New Flat Roof, New Led Elfs, Bldg Facade Repairs, New Hot Water Tank, &C. No Vtbs**** EXTRAS **** 10Fridges, 10Stoves, 1-Washer, 1-Dryer. Available On Offer: (1) Drawings; (2) Old Phase-1, (3) Stamp Architect Letter Verify Repairs, (4) Esa Inspection Certificate For 10New Panels (5) Flat Roof Repair Letter, (6) Fire Insp Certificate. (id:24093)
Listed by WAYNE MCLENNON of BENLEVI LENNON JUNZI INC.

Property Details of 464 King Street Street

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"Based on information submitted to CREA as of December 9, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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