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Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision 311 - Downtown/Rockway/S. Ward
MLS® Listing ID 40682347
Originating Board Cornerstone - Waterloo Region
Property Sub-Type Freehold
Property Description
Exceptional investment opportunity at 35 Fifth Avenue! This permit-ready triplex project is designed for maximum profitability with three expansive 1,500 sq. ft. units, each offering 3 bedrooms (expandable to 4) and 10 bathrooms total. Featuring separate entrances, private balconies, a basement porch, and 3 parking spots (1 garage + 2 driveways), this property is ideal for high-demand multi-family rentals. All permits, including building and demolition, are in place for immediate construction—just step in and start building! With separate meters and gas heating, this R2B-zoned development is a builder's dream and a smart investor's next big win. Low $2,500 annual taxes and flexible possession make this a no-brainer. Survey included—everything's ready to break ground. Survey available & Grading is ready. (id:24570)
Location
Province ON
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
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Listed by RE/MAX REAL ESTATE CENTRE INC.