Property Address: 486 College Ave W, Guelph, ON, N1G1T5
Average square foot calculated using Size range provided by listing agent.
Description
Prime Development Opportunity - 100x150 Lot, in Guelph! 486 College Avenue West, This expansive lot offers endless possibilities for investors and developers alike. The property has secured preliminary city approval to sever and build two homes, *subject to specific conditions. This approval streamlines the path to realizing your development aspirations. The property's strategic location offers convenience and potential, making it an ideal site for development. Situated in close proximity to the university and major highways, & provides easy access to education, transportation, city amenities, shopping malls, restaurants & entertainment options. It's the perfect setting for a range of development ideas. The land opposite is earmarked for future home development, which will further enhance the thriving community. The existing home on the property is in superb condition, has lots of natural light and currently rented out at good market rates. Features a LEGAL self-contained unit as well as separate basement suite, providing rental income opportunities. This income can be instrumental in covering costs during the planning and development stages. This is your chance to seize a rare development opportunity in one of Guelph's most promising areas. 486 College Avenue West is your gateway to realizing the best returns. Act now and unlock the full potential of this prime real estate gem. For more information or to schedule a viewing, call today. Don't let this opportunity pass you by!Show Description
MLS® Number40489706
Laundry LevelIn Basement, Main Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1961
BasementSeparate Entrance, Full, Finished
DrivewayDetached Garage, Asphalt
Garage Spaces2
Heat
A/C
Heating Fuel
Extras
Carbon Monoxide Detector, Dishwasher, Dryer, Freezer, Gas Oven/Range, Refrigerator, Washer