Revenue on the River – A Rare Investment Opportunity! This is your chance to own "Revenue on the River" – a versatile and income-generating property with exceptional potential. Whether you're an investor, entrepreneur, car enthusiast, or developer, this property offers multiple avenues for revenue and future growth. Zoned RM4, this site opens the door to future redevelopment for medium- to high-density multi-unit residential projects, Type II care homes, or community related uses. Preliminary design work has already begun for a 4-storey apartment building, with site plan options available upon request—perfect for those looking to explore a new development project. This property is currently being utilized as a legal two unit dwelling property with a legal basement suite which offers 1190 sqft raised bungalow with a total of 6 bedrooms (3 up + 3 down), den, 2 bathrooms, fully fenced in front & rear yards so the each dwelling can have their own private yard to enjoy, there are separate gas and electrical meters, 2 furnaces, and the property is in good condition and ready to rent out. A huge benefit to this property is there is approximately 2850 sqft of garage space that can be rented out if you are looking to add some extra revenue to your portfolio. The one garage is 30’ x 56’ with 12’ ceilings, and 4 overhead doors, and the second garage is 30’ x 39’ with 3 bays, so would be a great shop to store all those extras toys, or use as hobby space. The opportunities are endless with this property. (id:63267)