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Rare downtown vacant mixed-use lot. CD3.6 zoning permits approximately 24-28 residential units with ground-floor commercial and integrated parking. Maximum 5 storeys (20m height). No variances required. Survey on file. Downtown location with transit access. CBD parking reduction zone (16-space baseline) with parking study opportunity for additional 50% savings per Interim Control By-law 127-2015. Development incentives include: development fee waiver (exemption zone), $50,000 residential development grant, 100% municipal tax increment rebate (5-10 years), facade/retail improvement grants ($20K-30K), covering estimated $445K-785K in soft costs. Strong mixed-use rental play with institutional cap-rate appeal. Freehold, clear title. Buyer is solely responsible for independent verification of all zoning, development assumptions, parking requirements, tax incentives, environmental status, flood zone designation, utilities, and municipal regulations with appropriate City departments and qualified professionals. Seller and Listing Agent make no representations or guarantees regarding any information contained in this listing. All information is believed to be accurate but is not warranted. All development subject to City of Windsor Planning Department approval and municipal permits. (id:64906)
667 WINDSOR Avenue is located in Windsor, Ontario, with a current listing price of $350,000. This vacant land parcel is currently available.
Interested in learning more about 667 WINDSOR Avenue? Review the property details above — including taxes, year built, lot size, construction, interior and exterior features, parking, and any neighbourhood amenities in the Windsor area as filed by the listing brokerage.
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Principal & interest only. Excludes property tax, insurance, condo fees, and CMHC where applicable.
Listing courtesy of Aditya Soma, Real Broker Ontario LTD..
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