$2,000,000
0 Sixth Avenue Greater Sudbury, ON P3Y1N1
22
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$2,000,000
Est. payment /mo
Active
0 Sixth Avenue Greater Sudbury, ON P3Y1N1
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2116721
Originating Board Sudbury Real Estate Board
Property Description
SUDBURY DESPERATELY NEEDS HOUSING! With all levels of government begging for more housing, this is the perfect investment opportunity. City of Sudbury has already APPROVED the development for over 100 units on this 10 acre parcel and there's an available site plan showing 42 row houses and 60 units separated into two buildings. Located directly across from Lively Golf & C.C., close to all amenities and transportation corridors, this is an ideal location for a development geared towards empty-nesters, snowbirds and seniors to still be close to everything yet surrounded by nature. The numbers work as a build and sell for individual units or build and hold for long term rental revenue. Possibility to take advantage of the City of Sudbury's new moratorium on development charges along with other available incentives and/or partnerships from provincial and federal levels of government. The neighbouring former Sixth Ave Golf Club with 67 acres also available to combine into an even bigger project! Contact your Realtor today for more info. (id:24570)
Location
Province ON
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
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