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106 Sunnylea Crescent Guelph, Ontario N1E 1W6

$750,000

Exciting Investment Opportunity Calling all builders and investors! An exceptional opportunity awaits you in this sought-after residential neighbourhood. We are thrilled to present a vacant, buildable parcel of land situated on a dead-end street, just a short stroll away from the hospital, public transit, and various amenities. This rare 0.25-acre vacant lot offers the ideal canvas for your next project—a potential 6-plex building awaits those with a keen eye for lucrative investments. Alternatively, with the approval of a parking variance, you could capitalize on the space and construct up to 8 rental units. Included with the property are plans for a contemporary 6-plex building. Meticulously designed for optimal livability, the proposed structure comprises four 2-bedroom, 2-bathroom units and two 3-bedroom, 2-bathroom units. The thoughtful layout caters to the comfort and convenience of residents. Parking won't be a hassle, as the building plans allocate space for 9 cars, ensuring ample room for residents and visitors alike. Additionally, there are 6 storage lockers to meet the storage needs of the occupants. For those interested in maximizing the potential with 8 units, we invite you to reach out. The Seller is more than willing to engage in detailed discussions regarding this option. Furthermore, the Seller is open to exploring collaborative building arrangements under the right terms. (id:40508)

Property Details

MLS® Number 40536600
Property Type Vacant Land
Amenities Near By Hospital, Public Transit
Features Cul-de-sac

Building

Basement Type None
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Public Transit
Sewer Municipal Sewage System
Size Frontage 25 Ft
Size Irregular 0.246
Size Total 0.246 Ac|under 1/2 Acre
Size Total Text 0.246 Ac|under 1/2 Acre
Zoning Description R.4a

Utilities

Cable Available
Telephone Available

https://www.realtor.ca/real-estate/26477484/106-sunnylea-crescent-guelph

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Nina Deeb