ATTN Renovators and Developers: Unlock the full potential of this unique property that is situated on an expansive 52 x 115 ft lot that has the potential to be severed into 2 lots. RL.1 zoning allows for single detached, semi, triplex, townhome, apartment building, etc. Potential to create 4-6 dwelling units (3 per lot & possibility of ADUs). The bungalow (3 bed, 1 bath) with large garage not only provides the potential of living or renting out today, but also offers a prime development opportunity for tomorrow. This is a rare find for developers, investors, or multi-generational families renovate and live in or rent out the existing home while planning your future build. Severance and development options make this a smart investment with long-term upside. Buyer to conduct their own due diligence with the City of Guelph regarding severance and development permissions. (id:38551)
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Green Hedge Realty Inc., Brokerage
Green Hedge Realty Inc., Brokerage is a full-service real estate brokerage offering traditional MLS® REALTOR® representation services at reduced commission rates.
Buyers receive approximately 1.5% cash back after closing, depending on what REALTOR® cooperating commission is offered by the seller. Sellers pay 1% plus the commission they choose to offer to the co-operating REALTOR® representing the buyer.
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