234 FAIRVIEW Avenue

INVESTOR / DEVELOPER ALERT! 60ft x 104ft lot with rear lane access. 2 bed / 1 bath home in liveable condition. Zoned R2 allowing for up to 4 units pending city approval. This would be a great site for a duplex, triplex or fourplex development, or utilize the existing building and add a garden suite (subject to city approval). This property is in close proximity to similar low and mid density developments. Situated close to amenities including schools, shopping, dining, transport and short walk to Rivers Trail. This may be your opportunity to purchase your future development site with 20% down compared to buying a vacant lot at potentially 50% down. Potential to benefit from reduced DCC if you demo and build, vs buying vacant lot. Seller may be willing to rent back home for a fixed period. Buyers are to confirm any information regarding zoning, permitting and city due diligence that is of importance to them. Plenty of upside here for a new owner so don't delay! (id:4069)