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For Sale - V/L GOYEAU Street, Windsor, Ontario

V/l Goyeau Street

Windsor , Ontario

$1,999,900

Est payment $10,176/mo

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Time on Jump 137 day

AI Summary *

Development opportunity with 0% interest VTB offer for large-scale investors.
Rare multi-residential zoning allows for various building options and high densities.
Situated near major landmarks like hospitals and universities, ideal for rental units.
Current rental income ensures financial stability during the planning phase.
Located in a CIP zone, potentially qualifying for development fee exemptions.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 99,995 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Development opportunity for large-scale investors w/0% interest vtb offer. Rare cd3. 2 multi-residential/comm zoning & ideally located across from windsor regional hospital, just mins from the us/canada border, universities, & colleges. Zoning allows for various build options, from upscale apartments/condos, student/senior housing, etc. Combine w/mls 24013088 adding 80 ft x 205 ft. With 230 feet of frontage, the ability to front on either street & a max build height of 55m, this site presents an exceptional investment opportunity w/boundless potential up to 330 units. Currently generating rental income, ensuring no financial losses during the project planning phase. Shortage of housing & high demand for rental units = perfect location for high-density dvlpmnts nearing local transit. Located in cip zone, offering potnl $0 dvlpmnt fees & 10yr ppty tax exemption on new construction. Info pkg highlights numerous incentives, incl the cmhc low-interest rental construction program. Call today!

Listing ID24017981

AddressV/L GOYEAU Street

CityWindsor, Ontario

Price$1,999,900

ConstructionOther, See Remarks

FlooringOther, See Remarks

Land Size150.57 ft X 204.93 ft x 150.58 ft x 2…

TypeMulti-Family

StatusFor Sale

Extras

Subtype Over 12 UnitsOwnership FreeholdFoundation Other, See RemarksHeating / Cooling Other, See RemarksHeating Fuel Other, See RemarksHot Water Tank Other, See RemarksUtility Water Municipal WaterSewer Sanitary

Market Info

Date Listed Aug 7, 2024Days on Market 137

Listing Agency:
JUMP REALTY INC.

Co-Listing Agency:
JUMP REALTY INC.

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