Exceptional income-producing development play! Prime 104x68 ft corner lot in the fast-growing Baseline Corridor. Fully tenanted 2-unit dwelling producing $47,000/year gross income (~$3,917/mo). Strategic "buy & hold" asset with an estimated $30k NOI that carries itself while you plan. Perfectly positioned just 800m from Baseline LRT Station, Algonquin College, and College Square. High-demand rental node with zero vacancy pressure. Zoned N3D, offering massive multi-unit intensification potential (OLT resolution anticipated Sept 2026). Secure this prominent corner today and inherit the density of tomorrow. Surrounded by luxury infills and major transit anchors. Stop chasing speculative land with no carry-own the yield and the upside. Buyers to verify zoning/permitted uses. 104x68ft per GeoWarehouse. Some photos digitally rendered. 24hr irrevocable on all offers. (id:31684)
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Listing Courtesy: ROYAL LEPAGE INTEGRITY REALTY
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