Presenting a rare and exceptional opportunity for a savvy developer or builder to capitalize on a premium corner site in the heart of the rapidly evolving Barton Village. This proposed development features a 4-storey residential apartment building, with plans for approximately 33 units and a gross buildable area of around 30,000 sq. ft., situated on an existing 7,000 sq. ft. lot. The site benefits from strong rental demand, excellent transit access, and a promising outlook for future growth in this vibrant, high-potential neighborhood. The proposed mixed-use design includes a ground-level commercial space, with three additional floors offering 9 one-bedroom units per floor, featuring an efficient walk-up design with a shared outdoor corridor. This project promises stable returns, a dynamic location, and long-term growth potential. (id:50886)
MLS® Number | X11824000 |
Property Type | Multi-family |
Community Name | Gibson |
SizeInterior | 30000 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 135 Ft |
SizeFrontage | 54 Ft ,6 In |
SizeIrregular | 54.5 X 135 Ft |
SizeTotalText | 54.5 X 135 Ft |
ZoningDescription | C5 |
https://www.realtor.ca/real-estate/27702407/653-barton-street-e-hamilton-gibson-gibson
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