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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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Bedroom: | 0 |
Bathroom: | 0 |
Listing Type: | Land |
Lot Size | 8,052 |
Price: | $4,398,888 |
Listed By: | Heller Murch Realty |
MLS: | R2660145 |
Description
880 RENFREW STREET SUCESSFULL BUISNESS FOR SALE & REDEV Mixed use/ secured rental policy redevelopment opportunity . South/ west exposure favorable slight rear grade 8052 ft corner lot The corridor has multiple new builds proceeding The immediate area experiencing population growth . The need for more amenities is forcing upward demand ON THE COMMERCIAL ZONING 10 minutes from downtown . under 5 min from Renfrew train station . C-1 ZONED· 6 x 122 8052 SQ foot corner lot at RENFREW & VENABLES SECURED RENTAL CITY WIDE POLICY • development opportunity CORRIDOR CORNER achieve 2.5- 2.8 FSR add adjacent neighbor increasing frontage to 99 feet incentive of 3.4 FSR- 3.7 with 20% low income rental component .ENVIRONMfNTAL- GETOTECH • completed