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$1,350,000
Available - For Sale
Listing ID: X12316001
LT 2 Read Street East , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi


This amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville.
Price $1,350,000
Taxes: $0.00
Tax Type: Annual
Occupancy: Vacant
Address: LT 2 Read Street East , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi
Postal Code: K0G 1N0
Province/State: Leeds and Grenvi
Legal Description: Lot 2 and part of lots 1, 3, 4, 5, 7, 8
Directions/Cross Streets: Between Read and St.Patrick. South of Drummond
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
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Washroom Type 16 0
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Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
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Washroom Type 25 0
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Washroom Type 33 0
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Washroom Type 36 0
Washroom Type 37 0
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Washroom Type 39 0
Washroom Type 40 0
Washroom Type 41 0
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Washroom Type 43 0
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Washroom Type 46 0
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Washroom Type 48 0
Washroom Type 49 0
Washroom Type 50 0
Washroom Type 51 0
Washroom Type 52 0
Washroom Type 53 0
Washroom Type 54 0
Washroom Type 55 0
Washroom Type 56 0
Washroom Type 57 0
Washroom Type 58 0
Washroom Type 59 0
Washroom Type 60 0
Washroom Type 61 0
Washroom Type 62 0
Washroom Type 63 0
Washroom Type 64 0
Washroom Type 65 0
Washroom Type 66 0
Washroom Type 67 0
Washroom Type 68 0
Washroom Type 69 0
Washroom Type 70 0
Washroom Type 71 0
Washroom Type 72 0
Washroom Type 73 0
Washroom Type 74 0
Washroom Type 75 0
Washroom Type 76 0
Washroom Type 77 0
Washroom Type 78 0
Washroom Type 79 0
Washroom Type 80 0
Washroom Type 81 0
Washroom Type 82 0
Washroom Type 83 0
Washroom Type 84 0
Washroom Type 85 0
Washroom Type 86 0
Washroom Type 87 0
Washroom Type 88 0
Washroom Type 89 0
Washroom Type 90 0
Washroom Type 91 0
Washroom Type 92 0
Washroom Type 93 0
Washroom Type 94 0
Washroom Type 95 0
Washroom Type 96 0
Washroom Type 97 0
Washroom Type 98 0
Washroom Type 99 0
Washroom Type 100 0
Washroom Type 101 0
Washroom Type 102 0
Washroom Type 103 0
Washroom Type 104 0
Washroom Type 105 0
Category: Designated
Total Area: 1.26
Total Area Code:  Acres
Washrooms: 0
Sewers: None
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Land
Area: Leeds and Grenville
Municipality: Merrickville-Wolford
Neighbourhood: 804 - Merrickville
Style:
Lot Size: x 80.00(Metres)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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