16-20 TORONTO Street, Grey Highlands, ON N0C 1H0

Grey Highlands N0C 1H0 Ontario

MLS: X11935392

$998,000

Added 92 days ago | For Sale

Listed by: Century 21 In-Studio Realty Inc.

About Property

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.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 79 X 165
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Located on the west side of Hwy 10 (Toronto St) at the intersection in Markdale.
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $5500
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Hot Water
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X11935392

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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