29 King St North Dundas, Ontario K0C 1H0
$449,999
Discover the potential of this multi-use property situated in the heart of Chesterville Village, a bustling downtown area close to the scenic waterfront. Includes 3 residential units, a commercial space ready for customization or leasing, and a popular chip truck operation.Mixed-Use Zoning: Perfect for self-employed professionals or those looking for a work-from-home setup, the zoning flexibility supports various business & residential opportunities.Income Diversity: Generate revenue through 3 residential rentals and 2 commercial ventures. The current vacant office space presents a blank canvas for new or expanding businesses.Development Potential: Explore redevelopment options with the possibility of transforming the property into a 10-12-unit apartment complex featuring ground-floor retail spaces.Expansion Opportunities: An exciting prospect for a larger-scale development exists with adjacent properties also on the market, allowing for a comprehensive block development of 50 to 100 mixed-use units.Pro-Business Community: Benefit from a pro-development local government with an efficient planning office and access to all necessary utilities including water and sewer connections.This property not only promises diverse income streams but also offers a prime location in a community known for its growth and innovation. Seize the opportunity to invest in a thriving area with substantial development potential. Join Chesterville Village's forward-thinking community today! (id:50787)
Property Details
| MLS® Number | X8278202 |
| Property Type | Retail |
Building
| Size Exterior | 1000 Sqft |
| Size Interior | 1000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | Bldg=71.8 X 82.45 Ft |
| Size Total Text | Bldg=71.8 X 82.45 Ft |
https://www.realtor.ca/real-estate/26812396/29-king-st-north-dundas
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April 28 2024 11:29:15
Toronto Real Estate Board
Exp Realty