4288 Queen Street Beamsville, Ontario L0R 1B0
$1
Prime Investment Opportunity with Development Potential! Discover this exceptional property situated on a lot measuring 102.53 feet wide by 163.28 feet deep, featuring GCBD zoning that unlocks a multitude of development possibilities. Currently, the property features a 3-unit residential triplex measuring approx 2,400 sqft, including Two 2-bedroom units & One bachelor unit. Additionally, there is a large detached garage, equipped with its own power source and heating, perfect for storage or workshop use. The GCBD zoning permits the construction of a 5-storey building with a wide range of potential uses including Apartment building, Hotels, motels, or inns, Office spaces, and many more versatile options. Substantial progress already made toward obtaining site plan approval for a 21-unit, 5 storey apartment building. For those looking to generate income immediately, the existing structures can be rented for an estimated market rent of $5,000 per month, making it a perfect investment for both short-term cash flow and long-term growth. Don’t miss this chance to secure a property that combines immediate rental income with extraordinary future development potential. Contact us today to explore the possibilities! RSA. (id:50886)
Property Details
| MLS® Number | 40690312 |
| Property Type | Single Family |
| AmenitiesNearBy | Park, Schools, Shopping |
| Features | Sump Pump |
| ParkingSpaceTotal | 11 |
| Structure | Workshop |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Microwave, Stove, Water Meter, Hood Fan |
| ArchitecturalStyle | 2 Level |
| BasementDevelopment | Unfinished |
| BasementType | Partial (unfinished) |
| ConstructionMaterial | Wood Frame |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Aluminum Siding, Vinyl Siding, Wood |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2400 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Visitor Parking |
Land
| AccessType | Road Access, Highway Access, Highway Nearby |
| Acreage | No |
| LandAmenities | Park, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 163 Ft |
| SizeFrontage | 103 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Gc-cbd |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | 8'6'' x 7'8'' | ||
| Second Level | Living Room | 12'9'' x 15'4'' | ||
| Second Level | Kitchen | 9'0'' x 13'9'' | ||
| Second Level | Bedroom | 11'8'' x 12'2'' | ||
| Second Level | Primary Bedroom | 15'9'' x 12'3'' | ||
| Main Level | 3pc Bathroom | 5'0'' x 6'0'' | ||
| Main Level | Living Room/dining Room | 14'0'' x 16'4'' | ||
| Main Level | 3pc Bathroom | 7'7'' x 6'7'' | ||
| Main Level | Kitchen | 13'6'' x 14'0'' | ||
| Main Level | Living Room | 15'8'' x 15'10'' | ||
| Main Level | Bedroom | 15'6'' x 9'3'' | ||
| Main Level | Primary Bedroom | 11'2'' x 15'5'' |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27800379/4288-queen-street-beamsville
Interested?
Contact us for more information
Adrian Zahari
Broker
1632 Upper James Street
Hamilton, Ontario L9B 1K4
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January 14 2025 06:27:06
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