Opportunity knocks to build a Legacy Asset on Annette! Approvals in place to build 10 units with an additional 683SF retail storefront in excellent High Park North / Junction location! High visibility detached corner lot with private drive. Calling all builders, contractors and investors, here’s an incredible opportunity to add a huge amount of value while skipping the lengthy rezoning and committee process. A higher density has been approved for the property. Located close to two subway stations, ttc, great schools, restaurants, cafes and parks! Speak to L.A. as this project potentially qualifies for a very low rate CMHC construction loan. Here’s your chance to create a brand new, mixed-use Legacy Asset Investment property with 10 bachelors and 1 storefront. Potential for $20,000+ monthly income. Won’t Last!**** EXTRAS **** Property sold “”as-is and where-is”” Seller and Listing Brokerage make no representations or warranties regarding the property, financing, future rents or use. Buyer to perform own due diligence (id:34918)
Mortgage Amount
$800,000
Down Payment Amount
$200,000
Monthly Mortgage Payment
$5,000
