Attn investors & developers- qualified buyers may have an opportunity for a 0% interest Vendor Take Back mortgage offer! A prime downtown Windsor opportunity w/rare CD3.2 multi residential/commercial zoning. Located across from Windsor Regional Hospital & mins from the US/Canada border, universities, & colleges. Versatile zoning for this ppty allows for various development options, from upscale apartments/condos to student/senior housing, duplex/multiplex, single family, semi detached/ townhomes. The ppty currently generates impressive rental income eliminating any losses during project planning phase. The shortage of housing & demand for rental units make this a perfect location for high density developments! Ppty falls within the CIP zone, offering zero development fees & the potential for a 10yr ppty tax exemption on new construction. Combined w/the neighbouring lot (avail for sale)& a maximum build height of 55M makes it a remarkable investment opportunity with boundless potential. (id:15472)
