Prime St. Thomas Location with Exceptional Lot & Development Potential! Excellent opportunity for homeowners, investors and developers. Incredible value-add potential 103'x380' lot situated in a high-convenience St. Thomas location. Featuring excellent access to transit and main arterial routes, Parks, Schools, hospital, this property presents a versatile potential development opportunity. Concept plans have been prepared and preapproved for townhouse development featuring 8 residential units with the existing single detached home, offering exciting potential for builders, developers, and investors. Buyers to conduct their own due diligence regarding zoning, planning approvals, building permits, servicing, and development feasibility with the City of St. Thomas. Concept plans and consultation documents available for review. Currently tenanted existing detached bungalow featuring 3+3 bedrooms and 2 bathrooms, offering plenty of space for a growing family or extended family living. The fully functional layout provides flexibility for a variety of living arrangements, with additional bedrooms offering potential for a home office, guest rooms, or recreation space. Property is being sold in "as is, where is" condition. Bring your vision and explore the options to build equity or redevelop! (id:4069)
Address
131 FAIRVIEW AVENUE
List Price
$1,300,000
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
St Thomas
Bedrooms
6
Bathrooms
2
Floor Area
700 - 1100 Sq. Ft.
Lot Size
103.2 x 380 FT Sq. Ft.
Lot Depth
380 ft
Frontage Length
103 ft ,2 in
MLS® Number
X14096080
Listing Brokerage
REALTY EXECUTIVES PLUS LTD, BROKERAGE
Basement Area
Partial (Partially finished)
Postal Code
N5R4X8
Zoning
R1
Ownership
Freehold
Parking Places (Total)
16
Site Influences
Hospital, Schools, Park, Public Transit
Appliances
All, Dryer, Stove, Washer, Refrigerator
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
None
Foundation Details
Poured Concrete, Block
Number Of Floors In Building
1
Water Source
Municipal water
Sewer
Sanitary sewer
