3 bed
2 bath
2,542 sqft
Single Family Residence
12,022 sqft lot
4 parking
1 fireplace
Freehold NonStrata
RS1 zone
Public remarks
Attention developers and investors! This 12,000 sqft lot on city sewer and water, zoned for low rise multi-unit SENIORS’ CARE buildings of 3-6 storeys with a 1.4 – 2.1 FAR. The opportunity to build 4 to 6 units under new legislation. This rare gem is located on a quiet street with lots of character. The beautiful rancher features hardwood floors, updated windows, a loft, and a basement. The massive 80x150 lot boasts a south exposed yard with outdoor living area, 1000 sf patio, and 16x16 pavilion. Additionally, there is a 700 sf workshop on the property. This incredible investment property can be used as a primary residence or rented out.No creeks or easements. Walk to everything - shopping, restaurants, doctors, schools, parks. Buyer must verify all information.
Private remarks
OCP Low rise multi-unit residential(SENIORS’ CARE FACILITY), 3-6 stories, 1.4 – 2.1 FAR. POTENTIAL 4 to 6 UNITS NOW w/new legislation. Buyer to verify. Neighbouring properties have considered re-zoning to CD59 which would allow for senior's living care facility. Check with city for details.All measurements and information are approximate(not guaranteed) and should be verified by the Buyer if deemed to be important ,Done by the listing agent.
Buyer agency compensation
3.22% on the 1st $100,000 and 1.15% on the balance over $100,000
$1,798,800 ($707/sqft)
Active
Listed
02/28/2025
Expiry date
Original price
Gross taxes (2024)
$6,102.70
Property transfer tax
$33,976.00
Last Updated: 03/03/2025 02:37 PM
Courtesy of Royal LePage Global Force Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
20994 Old Yale Road | R2971865 | 03/03/2025 02:37 PM | 02/28/2025 | Active | $1,798,800 | Login to view | Mani S Sandhu - PREC | Royal LePage Global Force Realty |
20994 Old Yale Road | R2871841 | 04/25/2024 12:57 PM | 04/16/2024 | Closed | $1,398,800 | Login to view | Royal LePage - Wolstencroft | |
20994 Old Yale Road | R2838555 | 04/16/2024 04:29 PM | 01/01/2024 | Terminated | $1,668,800 | Login to view | Royal LePage - Wolstencroft | |
20994 Old Yale Road | R2802326 | 01/01/2024 12:52 AM | 07/27/2023 | Expired | $1,668,800 | Login to view | Royal LePage - Wolstencroft |