11,563 ft2
$429,990
Exceptional opportunity to acquire a development-ready 10-unit purpose-built rental project at 172-178 William St S, Chatham. Offered at $429,990 with an independent as-constructed appraisal of $3.27M. Zoning approved under site-specific RM1-1784 (By-law 41-2026) for a proposed 3-storey, 8,456 SF building on a 0.26-acre corner site with 12 parking stalls. Unit mix: 6 x 3-bed/2-bath, 1 x 2-bed/2-bath, 2 x 2-bed/1-bath & 1 affordable bachelor. Suites feature in-suite laundry, balcony/patio & separate metering. Designed to target 100 points under CMHC MLI Select through affordability & energy efficiency. Extensive pre-development work complete/substantially advanced including architectural, structural, mechanical, plumbing, civil servicing, energy modelling, geotechnical & Phase I ESA. Zoning is in place with drawings advanced toward building permit. Full appraisal, drawings, reports & due diligence package available to qualified purchaser. (id:50976)
Property Details
|
MLS® Number
|
X13705856 |
|
Property Type
|
Vacant Land |
|
Community Name
|
Chatham-Kent |
Building
|
Size Interior
|
11,563 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
101 Ft ,8 In |
|
Size Frontage
|
113 Ft ,8 In |
|
Size Irregular
|
113.73 X 101.67 Ft |
|
Size Total Text
|
113.73 X 101.67 Ft |
|
Zoning Description
|
Rl3 |
https://www.realtor.ca/real-estate/30189698/172-178-william-street-s-chatham-kent-chatham-kent
