Attention Developers & Builders! South Riverdale investment opportunity.

This is a rarely available plot of land near Queen St E and Broadview!  There is a house on the lot that needs to be torn down but this is a great opportunity buy, tear down and build 2 semi-detached houses and possibly more than double your money.  The lot is 35 feet wide by 74 feet deep.

Newly built semi-detached homes in the neighbourhood sell for $800-900 000.  I am happy to provide you with some local sales to review when we meet.

If you are looking for somewhere for you and your family to live, you could buy the lot, build two houses then sell one of them and live in the other pretty close to free!  I have a couple of contractors you could work with to accomplish this goal.  You could possibly get approvals for a low-rise building (under 3-4 stories) and build a boutique apartment building that you could sell as a whole or live in and rent out the other units.

Call me for more details or for a viewing.

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About Anne Marie

Innovative Freeman Realty salesrep in downtown Toronto shares her thoughts and knowledge about real estate in Toronto.
This entry was posted in Current listings I have my eye on, For Sale. Bookmark the permalink.

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