738 BROCK

Windsor, N9C2T4

Listed by KW SIGNATURE

$349,900

Listed 166 days ago · MLS® 26010472

About this home

ATTN: Investors/Developers looking for high demand rental areas! This RD2.2 oversized lot is ideal for re-development or add an ADU servicing UOW and St. Clair students. Take advantage of the Sandwich Towne CIP Grant Program on development charges and a 10 yr property tax rebate. Site Plans and floorplans were created and consulted with the COW by a 20yr experienced developer in the area. With confidence the projected gross revenues would be $135,000 - $190,000 /yr (pending choice of development type) creating a $2-3 Million+ end value. Purchase the lot or build to suite options exist. NO VTB. Property can be rented until development is ready. Contact LS for FULL DETAILS and how to best capitalize on the full potential. (id:66966)

Details

Type: Vacant Land
Municipality: Windsor

Interior

Fireplace: No

Location

Location is approximate. See nearby homes on the map

Listed by KW SIGNATURE.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Estimated monthly cost

Mortgage: $1,532
Total: $1,532

$69,980 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $69,980
Land transfer tax: $3,724
Legal and other costs: ~$2,500
Total: $76,204

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

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Or call 647-325-5000

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