Uncover a high-potential development site in a prime lakeside location. This 9728sqr ft parcel offers immediate flexibility a multi family project.The Opportunity:Flexible Zoning: Current zoning allows for multifamily development or a commercial/residential mix (commercial on main, living quarters above).Expansion Potential: The adjacent double-lot property is also available, providing the rare chance to assemble a large 5-lot consolidated site just blocks from the water.Revenue While You Plan: The existing 3-bedroom structure has been freshened with new flooring and paint, making it a turnkey holding property. It is perfectly suited for a short-term rental (Airbnb) or long-term lease to offset carrying costs during the permitting and design phase.The Site:Lot Size: 75 ft x 130 ft total.Servicing: Double detached garage already on site.Location: High-visibility/high-demand area within walking distance to the lake.This is a land-value play with the added benefit of a functional, move-in-ready building to bridge the gap to construction. (id:51989)
Features of 4734 50 Street
- MLS® Number A2252047
- Price $399,900
- Bedrooms: 3
- Bathrooms: 2
- Square Footage: 1332 sqft
- Property Type: House
- Community Name: Downtown
- Amenities Near By Golf Course, Playground, Schools, Shopping, Water Nearby
- Community Features Golf Course Development, Lake Privileges, Fishing
- Features Back Lane
- Parking Space Total 4
- Plan 1549aj
- Structure None
Buildings
| Bathroom Total | 2 | Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 | Appliances | Refrigerator, Stove, Washer & Dryer |
| Architectural Style | Bungalow | Basement Type | Partial |
| Constructed Date | 1947 | Construction Style Attachment | Detached |
| Cooling Type | None | Exterior Finish | Wood Siding |
| Fireplace Present | Yes | Fireplace Total | 1 |
| Flooring Type | Vinyl | Foundation Type | Block, See Remarks |
| Half Bath Total | 1 | Heating Fuel | Electric |
| Heating Type | Other, Space Heater | Stories Total | 1 |
| Size Interior | 1332 Sqft | Total Finished Area | 1332 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No | Fence Type | Not Fenced |
| Land Amenities | Golf Course, Playground, Schools, Shopping, Water Nearby | Size Depth | 12.08 M |
| Size Frontage | 6.97 M | Size Irregular | 9728.00 |
| Size Total | 9728 Sqft|7,251 - 10,889 Sqft | Size Total Text | 9728 Sqft|7,251 - 10,889 Sqft |
| Zoning Description | Dc-50 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 2pc Bathroom | .00 M x .00 M | ||
| Second Level | Bedroom | 15.50 M x 11.20 M | ||
| Main Level | Primary Bedroom | 17.00 M x 9.00 M | ||
| Main Level | Living Room | 9.00 M x 7.30 M | ||
| Main Level | Bedroom | 10.00 M x 7.80 M | ||
| Main Level | 4pc Bathroom | .00 M x .00 M |
Agents and Offices
- Krysta Rush
- Quisha Yee
- Office: Royal LePage Network Realty Corp.