815 Elgin St

Chatham-Kent | Wallaceburg | N8A 3C8
  • 2.11 sqft
  • 0 gar

Ask: $1,450,000 $1,250,000

Est. Mtg $4,238 /mo
  • Days on market

    141

  • Status

    A

Listing Broker COLLIERS SOUTHWESTERN ONTARIO, BROKERAGE
Since listed: 2 views

Home details

MLS #:

X8345920

Property type:
Land
Style:
Taxes:
$0
Possession:
FLEX
Condo Fee:
Lot Size:
295.0 X 264.0
Zoning:
RM1-1633
Use:
Residential
Heat:

Description


815 Elgin St, , Chatham-Kent, Ontario is a Land property in Chatham-Kent and in the Wallaceburg community in the N8A 3C8 postal code


Shovel ready site in the heart of Wallaceburg. Approval is for a 52 rental row house development with building permits for the 52 units are ready to be issued upon payment of Development Charges. Each row house consists of 17 two storey units each with an accessory basement suite. Development Charge payable at 50% of posted rates as the property is within the CIP boundary. Ten year tax freeze for the property once constructed. Six units are accessible units to meet CMHC funding requirements. Approved zoning is RM1-1633 Residential Medium Density Zone with a special provision 1633. The project planning and design has been completed successfully to maximize the local Municipality benefits to rental initiatives as well as requirements of CMHC funding. All necessary studies including rental study, construction budget report, tenders to trades have been completed. All documents available upon execution of CA by buyer. Seller will consider VTB or a forward build..

Extras

Property Taxes have not been assessed..



Payment calculator

$4238 monthly. In association with: TD Bank
%
  • Principal and Interest
    4238 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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