C$649,000

WATERFRONT DEVELOPMENT OPPORTUNITY! Approx. 20,000 sq ft waterfront property with plans underway for an exciting mixed use building featuring commercial on the main floor and 27 residential units above. A strong potential candidate for CMHC rental financing, which, subject to qualification would finance 95% of all project cost including land, construction and costs. The town is very supportive of our conceptual plan, the requires ripearian syudy has been completed and the project nearing DP application. While moving forward the existing building has one tenant with the opportunity to rent out 3 more. A rare chance to secure a waterfront development site with significant preliminary work already completed! Call today for plans, details and further information. (id:41202)