$299,900
Exceptional Investment Opportunity in LancasterAn incredible opportunity to expand your real estate portfolio in the growing community of Lancaster. This vacant lot is development-ready, with professionally designed plans already completed for a 6-unit multi-family building, saving you both time and upfront planning costs. Plans can be provided to qualified buyers, offering a streamlined path from purchase to construction. The property offers excellent infrastructure access, including natural gas, municipal water, and municipal sewer services, key components for a smooth and efficient build. With a parking allowance for 9 vehicles, the layout has been thoughtfully considered to accommodate tenant needs and enhance long-term rental appeal. Whether you're an experienced investor looking to scale your holdings or a developer seeking your next project, this property presents a rare chance to secure a multi-unit build site in a desirable location. Positioned in Lancaster with convenient access to local amenities and major routes, this is a strategic addition to any investment portfolio.Build. Rent. Grow. The opportunity starts here. (id:49187)
Property Details
|
MLS® Number
|
X12791908 |
|
Property Type
|
Vacant Land |
|
Community Name
|
722 - Lancaster |
|
Features
|
Irregular Lot Size |
Building
Land
|
Acreage
|
No |
|
Size Depth
|
134 Ft ,3 In |
|
Size Frontage
|
111 Ft ,3 In |
|
Size Irregular
|
111.33 X 134.25 Ft |
|
Size Total Text
|
111.33 X 134.25 Ft |
Utilities
|
Cable
|
Available |
|
Sewer
|
Available |
https://www.realtor.ca/real-estate/29365499/8-south-terrace-street-south-glengarry-722-lancaster