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$6,800,000 Sale
Listed 4 hours ago
7235 204 STREET
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Key Facts
Key facts for 7235 204 STREET
Property Type
Lots/Land
Parking
Garage: No, 0 parking
MLS #
R3159096
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
This condo site has DP. Gross site was 2.2 acres, net land 1.717 acres. DP for a 4 story, P-1 site, 120 070 sq.ft. of buildable. When calculating value you must take into account that Sellers have paid $1.46 Million is fees obtaining the DP !!! Base that on the listing price, $6.8 - $1.46 = $5 340 0...00 net. $44.47 a buildable for a DP site with the savings of doing only P-1 in a very prime Willoughby location. This makes these condos very marketable even today!! Fantastic opportunity. TALK TO THE TOWNSHIP REGARDING TOWNHOUSE REZONING. (id:10452)
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Listing courtesy of: Macdonald Realty
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