783 Martin Street, No City Value

MLS®: R2415711
1794 Sq.Ft. 1 Baths 2 Beds 10,693 Lot SqFt 9999 Built


Attention Developers: Here is a 1/4 ac. flat site close to downtown that has been rezoned to RM3. Initial concept plans have been drawn for 7 townhouses & the DP is substantially approved for this project. The planned units are 3 storey & have 3 BR, 2.5 baths & a double garage. See LR for a package of plans, Survey Certificate & project Pro Forma. Existing house is possibly pre-WW1 & offers large rooms with high ceilings on the main floor. Some updates have been done to the kitchen, bath, flooring & roof. Has been rented for $1750/mo. Present tenant requires 24 hr. notice & showings must accommodate shift schedules of 4 on & 4 off. House is of little value - the value is mostly in the land & the development potential. Located across from the Library & close to public transit. Size doesn't

Taxes (2019): $2,539.52

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