$1,199,900 $6,441 est/mo Sourced by Back At You

467 Gorham Road,Ridgeway, ON L0S 1N0

Ridgeway ON, L0S 1N0

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Description

Attention Builders, Developers & Investors! Fabulous opportunity - 17,612 sq ft 125.8’ X 140’ corner development lot fronting on 2 streets. No need for re-zoning, as the current RM1-508 zoning permits medium density, creating the opportunity and flexibility for a 4 - 5 unit Townhouse complex w/ potential secondary income suites or a 4 storey apartment house for maximum density. Situated in highly sought after location in rapidly growing area of Niagara, near proposed neighbourhood retail centre, close to quaint downtown area & just minutes from the Friendship Trail and Lake. For those looking to defer the project, a 1776 sq ft 4+ Bedroom home with detached 4 car garage currently sits on the property, providing an excellent rental opportunity to offset costs until planning and approvals are in place.

Details

MLS#40562233
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site65
Listing Provided ByCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE | Stewart Mceachern

Features

ZoningRM1-508
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountyNiagara
CityRidgeway
Postal CodeL0S 1N0
AreaFort Erie
Subarea335 Ridgeway
Community Name335 Ridgeway
Listing VS Median (in 335 Ridgeway)
Price:
$1,199,900
low | high
Med:
$849,950
79.164930410868% of Average
On Site:
65
low | high
Med:
78.000000
83.333333333333% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 12:32:22 PM PDT