667 WINDSOR AVENUE
Windsor, Ontario
MLS® 26018351
$350,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- 26018351
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
Rare downtown vacant mixed-use lot. CD3. 6 zoning permits approximately 24-28 residential units with ground-floor commercial and integrated parking.
Maximum 5 storeys (20m height). No variances required. Survey on file.
Downtown location with transit access. CBD parking reduction zone (16-space baseline) with parking study opportunity for additional 50% savings per Interim Control By-law 127-2015. Development incentives include: development fee waiver (exemption zone), $50,000 residential development grant, 100% municipal tax increment rebate (5-10 years), facade/retail improvement grants ($20K-30K), covering estimated $445K-785K in soft costs.
Strong mixed-use rental play with institutional cap-rate appeal. Freehold, clear title. Buyer is solely responsible for independent verification of all zoning, development assumptions, parking requirements, tax incentives, environmental status, flood zone designation, utilities, and municipal regulations with appropriate City departments and qualified professionals.
Seller and Listing Agent make no representations or guarantees regarding any information contained in this listing. All information is believed to be accurate but is not warranted. All development subject to City of Windsor Planning Department approval and municipal permits.
Property summary
- MLS® number
- 26018351
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 46.49 FT X 129 FT
- Days on market
- 48 days
What would this home cost you?
Based on the $350,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REAL BROKER ONTARIO LTD., WINDSOR.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.