$499,900
Prime 6-Unit Commercial Infill - Fully Planned & Investor-ReadyLocated in the desirable Oakdale neighbourhood of St. Catharines, surrounded by purpose-built lots and townhouse developments, this strategically designed 6-unit infill project features fully approved severed lots with new PINs on a 49.51' x 148.5' lot. The development includes semi-detached units with basement SDUs and detached rear ADUs. Upper units are 1,500 sq. ft. with 3 bedrooms and 2.5 baths, lower basement SDUs are 500 sq. ft. with 1 bedroom and 1 bath, and detached ADUs are 300 sq. ft. bachelor units. Projected annual gross rental income is $144,000. This is a shovel-ready site, fully approved and ready for construction.All approvals, studies, and plans are in place for a smooth development process, including Consent to Severance, Grading & Site Condition Plans, Planning Application Fee, Engineered Floor Joist & Truss, Stage 1 & 2 Archaeological and Phase 1 & 2 Environmental Assessments (Oakhill Environmental), HVAC Engineering, Architectural Drawings for Semi-Detached Units & Garden Suites, Consent Sketch & Survey, Service Plan, City Parkland & Boulevard Tree Fees, and CMHC MLI Select Energy Modelling Report completed by PL Energy Services. (id:63269)
Property Details
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MLS® Number
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X12544384 |
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Property Type
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Vacant Land |
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Community Name
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456 - Oakdale |
Building
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Utility Water
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Municipal Water |
Land
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Acreage
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No |
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Size Depth
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148 Ft ,6 In |
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Size Frontage
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49 Ft ,6 In |
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Size Irregular
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49.51 X 148.5 Ft |
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Size Total Text
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49.51 X 148.5 Ft |
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Zoning Description
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R2 |