537 MOODIE DR Bells Corners And South To Fallowfield, ON K2H 8A7

Prime residential development land. Area is 7,020 sq. ft. Buildable sq. ft is 3,380. Bells Corners is landlocked by NCC property, making this lot a rare opportunity. Current zoning is R1 permitting a single family house containing up to 3 units or 2 units and a coach house. New city zoning proposal is N2E which potentially allows a 10 unit building, subject to height restrictions and setbacks. Public transit steps away on Moodie, near future LRT, 15 minute walk to Robertson Rd. and amenities. Buy now & plan to construct a small apartment building. Land immediately across the street is zoned R4. Nearby 572 Moodie and 4000 Old Richmond Rd. currently has construction of a 59 unit apt building & 6 stacked townhouses. NDHQ nearby with 9,000 employees as a great tenant pool. Purchase conditional upon severance anticipated by end of November. Schedule B to accompany offers. Buyers do their own due diligence regarding usage on existing or future zoning. HST is IN ADDITION to purchase price.