$480,000
$499,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
80 Nickel Street Port Colborne, ON L3K 1B4
4,461 SqFt
Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,461 sqft
Price per Sqft $107
MLS Listing ID 40540439
Sold Date 05/08/24
Abv Grd Liv Area 4,461
Originating Board Niagara
Annual Tax Amount $1,975
Property Description
Development opportunities that result in money being made are great regardless of the market you're in, and that's what we are offering today. This property has full city approval for 14 unit stacked towns with 16 parking spaces and even more options available. From potential grants on multiple levels, increasing the density with a minor variance, or even using your own design for up to a 6 storey building permitted in this zoning. The current plan has 7 units per lot, for 14 total, and engineered building design. This development qualifies for CMHC financing options, and is ready for you to apply for the building permit, and get started.
Location
State ON
County Niagara
Area Port Colborne / Wainfleet
Zoning NC,R4
Direction Nickel between Mitchell and Davis
Rooms
Basement None
Kitchen 0
Interior
Interior Features Other
Heating Forced Air, Natural Gas
Cooling Other
Fireplace No
Laundry In-Suite
Exterior
Waterfront Description Access to Water,Lake/Pond
Roof Type Other
Lot Frontage 100.0
Lot Depth 112.0
Garage No
Building
Faces Nickel between Mitchell and Davis
Story 3
Foundation Other
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 3
Structure Type Other
New Construction No
Others
Senior Community false
Tax ID 641640513
Ownership Freehold/None
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