16-20 Toronto Street , Grey Highlands, ON N0C 1H0
Grey Highlands, ON N0C 1H0
Description
INVESTORS TAKE NOTE: THIS PROPERTY IS PERFECT FOR REDEVELOPMENT: Part of the Downtown Markdale Development area this lot is ready for commercial investment. It fronts directly onto Hwy 10 at one of the busiest intersections in Grey County. It is a restaurant in the lower level and 3 apartments above. In it's current form, it is only using half the lot space, this would be perfect for for a multi story apt building with lower level retail. It is a short walk to the 300 unit subdivision currently under construction with by Devonleigh Homes across the street, with most homes in Phase 1 already occupied. Don't miss this opportunity to get into this growing community, with over 600 hundred homes slated for construction in Markdale this is a very unique offering to own a part of downtown core. REDEVLOPMENT OPPORTUNITY - The town has indicated that they would encourage any buyer to consider redeveloping the land and that council would engage with any developer who brought a vision for the land and that the lot could house a multi unit building potentially of 4 storeys.
Details
| MLS# | X11935392 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 88 |
| Listing Provided By | Century 21 In-Studio Realty Inc. | X11935392 573700 |
Features
| SQ Feet | 5,582 |
|---|---|
| Acreage | 0.13 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Grey County |
| City | Grey Highlands |
| Postal Code | N0C 1H0 |
| Area | Markdale |
| Listing VS Median (In N0C 1H0) | |
Price: $998,000 low | high Med: $649,000 SqFt: 5,582 low | high Med: 1,500 $ / SqFt: $179 low | high Med: $433 On site: 88 low | high Med: 233.000000 | |