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LT 2 READ STREET E, Merrickville-Wolford
2025-07-30
Quick Summary
- Location
- LT 2 READ STREET E, Merrickville-Wolford, Ontario K0G1N0
- Price
- $1,350,000
- Status:
- For Sale
- Property Type:
- Vacant Land
- Area:
- 1 ac
MLS®#X12316001
Property Description
This amazing 1.264-acre commercial lot presents a rare and highly desirable opportunity for developers and investors. Fully zoned and site plan approved for a 43-unit rental apartment building, significantly reducing timelines and offering significant income potential All major utilities are available at the street, further simplifying development. The location is exceptionally desirable, just walking distance from the community centre, library, historic locks, shops, restaurants, and patios. This will make renting units easy, as that is what everyone is looking for in a rental. This building is well thought out in its design, and features one and two bedrooms, with an elevator, for anyone who cannot take the stairs. All plans and reports are provided to get you started with your project, with 90% site plan approved this gives you a speedy and efficient start. With the potential for CMHC financing approval, this is a standout investment in one of the region's most charming and in-demand areas. Don't miss this turnkey development site in the heart of Merrickville. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 1 ac
Land
- Land Size: 1.26 ac
Zoning
- Description: R3
Information entered by ROYAL LEPAGE TEAM REALTY
Listing information last updated on: 2025-10-15 02:02:05
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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