6 bed
2 bath
2,950 sqft
Single Family Residence
Built in 1912
8,712 sqft lot
5 parking
Freehold NonStrata
SR-2 zone
Public remarks
INVESTOR ALERT/DEVELOPMENT PROPERTY! Amazing opportunity to own approx. 8,712 sq. ft. of potential COMMERCIAL SPACE, IN OCP, application in process for 2 commercial units down and 4 plus residential units above. This property is located in the middle of two commercial parcels, site to the north is under construction for a gas station/plaza and on the other side clearway car rentals. This property has great exposure on a high traffic route. Some upgrades include new sundeck, and new exterior paint. The immediate area is developing rapidly, making this an excellent candidate for future high density commercial/residential. Currently rented upstairs for $2300 and potential rent for downstairs could be $1600. Call for more details. This will not last long!!!
Private remarks
Measurements were taken by Listing Agent Harj Brar. Property contains accommodation which is not authorized. See attached documents which are to accompany all offers. Application for re-development at City Hall. 4 residential units upstairs, 2 commercial units downstairs. Rent upstairs $2,300, potential rent for suite $1,600 (currently vacant). See documents attached for future building plans. In the OCP for development. 48 hours notice required for showings.
Buyer agency compensation
3.22% on the 1st $100,000 & 1.15% on the balance
$1,399,000 ($474/sqft)
Active
Listed
01/14/2025
Expiry date
Original price
Gross taxes (2024)
$4,709.15
Property transfer tax
$25,980.00
Last Updated: 01/21/2025 03:15 PM
Courtesy of RE/MAX Truepeak Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
6788 Glover Road | R2956236 | 01/21/2025 03:15 PM | 01/14/2025 | Active | $1,399,000 | Login to view | Harj Brar - PREC | RE/MAX Truepeak Realty |
6788 Glover Road | R2791140 | 01/01/2024 12:37 AM | 06/21/2023 | Expired | $1,399,000 | Login to view | RE/MAX Truepeak Realty |