New ListingPrime St. Thomas Location with Exceptional Lot & Development Potential! Excellent opportunity for homeowners, investors and developers. Incredible value-add potential 103'x380' lot situated in a high-convenience St. Thomas location. Featuring excellent access to transit and main arterial routes, Parks, Schools, hospital, this property presents a versatile potential development opportunity. Concept plans have been prepared and preapproved for townhouse development featuring 8 residential units with the existing single detached home, offering exciting potential for builders, developers, and investors. Buyers to conduct their own due diligence regarding zoning, planning approvals, building permits, servicing, and development feasibility with the City of St. Thomas. Concept plans and consultation documents available for review. Currently tenanted existing detached bungalow featuring 3+3 bedrooms and 2 bathrooms, offering plenty of space for a growing family or extended family living. The fully functional layout provides flexibility for a variety of living arrangements, with additional bedrooms offering potential for a home office, guest rooms, or recreation space. Property is being sold in "as is, where is" condition. Bring your vision and explore the options to build equity or redevelop! (id:374)
| MLS # | X14096080 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | REALTY EXECUTIVES PLUS LTD, BROKERAGE | Alice Ki |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 700 |
| Garage | 16 |
| Basement | Y |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | R1 |
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | All, Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
| Foundation Details | Block, Poured Concrete |
|---|
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 16 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4689 |
|---|
| Province | ON |
|---|---|
| City | St. Thomas |
| Postal Code | N5R4X8 |
| Listing VS Median (in N5R4X8) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 700 low | high Med: 700 $ / sqft: $1,857 low | high Med: $1,857 On site: 5 low | high Med: 5 | |
| Province | ON |
|---|---|
| City | St. Thomas |
| Postal Code | N5R4X8 |
| Listing VS Median (in N5R4X8) | |
Price: $1,300,000 low | high Med: $1,300,000 sqft: 700 low | high Med: 700 $ / sqft: $1,857 low | high Med: $1,857 On site: 5 low | high Med: 5 | |