29 King Street 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:41307)
Property Details
MLS® Number | X9258215 |
Property Type | Retail |
Building
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Exterior | 1000 Sqft |
Size Interior | 1000 Sqft |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 82 Ft ,5 In |
Size Frontage | 71 Ft ,9 In |
Size Irregular | Bldg=71.8 X 82.45 Ft |
Size Total Text | Bldg=71.8 X 82.45 Ft |
Zoning Description | Gm |
https://www.realtor.ca/real-estate/27301382/29-king-street-north-dundas
Sandra Louise Mckenna
Salesperson
7330 Yonge Street #116
Thornhill, Ontario L4J 7Y7
(905) 764-7111
(905) 764-1274
www.homesbyheritage.ca/