104 Highland Road North Bay, Ontario P1B 6K4
$399,000
Prime Investment Opportunity! Ideally situated along Algonquin Avenue at a high-visibility, signalized intersection, this property offers unparalleled exposure and accessibility. With flexible zoning and municipal support, the site is primed for a range of development possibilities including an apartment complex (22 traditional or 40 micro-units) and other residential opportunities. While only a portion is currently zoned R3, the vendor is committed to working with buyers to facilitate zoning adjustments and ensure a smooth sale process in compliance with site plan regulations. Under its C4 zoning designation, the property is also an ideal location for commercial ventures such as quick-service restaurants, retail stores, medical and professional offices, or entertainment establishments. A recent lot survey and a 2022 Phase II Environmental Site Assessment confirm the site's readiness for development. Whether you're an investor seeking strong returns or an entrepreneur with a vision, this prime location offers limitless potential for long-term success. Don't miss out on this exceptional opportunity! (id:50886)
Property Details
MLS® Number | X11997044 |
Property Type | Vacant Land |
Community Name | Central |
Amenities Near By | Highway, Public Transit |
Farm Type | Other |
Features | Irregular Lot Size |
Building
Size Interior | 0.5 Acres |
Utility Water | Municipal Water |
Land
Acreage | No |
Land Amenities | Highway, Public Transit |
Size Depth | 98 Ft ,9 In |
Size Frontage | 126 Ft ,8 In |
Size Irregular | 126.72 X 98.75 Ft |
Size Total Text | 126.72 X 98.75 Ft |
Zoning Description | C4r3 |
https://www.realtor.ca/real-estate/27972123/104-highland-road-north-bay-central-central
Contact Us
Contact us for more information
Mike Burman
Broker of Record
teamburman.com/
www.facebook.com/TeamBurman/
325 Main Street, West
North Bay, Ontario P1B 2T9
(705) 478-8588
Josee Laperle
Salesperson
www.teamburman.com/
www.facebook.com/LaperleEstate
www.linkedin.com/in/josée-laperle-50130a250/
325 Main Street, West
North Bay, Ontario P1B 2T9
(705) 478-8588