This 5,023 square foot offering represents a rare three-lot assembly comprising four independent revenue-generating buildings situated on a combined land area of approximately 15,199 square feet. The site presents significant redevelopment potential, with the possibility of rezoning to C-5 zoning, allowing for a minimum floor space ratio of 3.5.
A recent massing study suggests the feasibility of a new development featuring up to 49 residential units along with one commercial space, making it an attractive option for mixed-use development. Additionally, potential density bonuses may be available, further enhancing the viability of this investment. Ideal for developers and investors seeking a large-scale project in a strategically positioned and evolving neighbourhood, this assembly offers strong holding income and long-term growth potential.
