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$1,450,000

LT 1-2 READ STREET, Merrickville-Wolford, Ontario, K0G 1N0

MLS® # X9517649

1.81 FEETSQ sqft

Property Information:

Located in a thriving and rapidly growing area of Merrickville, this commercial lot offers a rare and exceptional opportunity for developers and investors. The property spans 1.264 acres and is already zoned and approved for a 43-unit apartment building, making it nearly ready for development, offering immense potential for high returns in a rapidly growing market. Utilities right at the lot. Location is fantastic close to schools, community centre, library, locks, Main Street, restaurants, patios and stores. (id:27)

Building Features:

  • Floor Space: 1.81 ac

Property Features:

  • Property Type: Vacant Land
  • Floor Space (approx): 1.81 Square Feet
  • Irregular: Yes
  • Lot Size: 240.0 ; 1
  • Zoning: R3

Location of LT 1-2 READ STREET, Merrickville-Wolford, Ontario, K0G 1N0

Demographic Information of LT 1-2 READ STREET, Merrickville-Wolford, Ontario, K0G 1N0

Life Stage

Midlife Families

Employment Type

Mixed

Average Household Income

$140,502.75

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.09 %

High school certificate or equivalent

28.35 %

Apprenticeship trade certificate/diploma

8.32 %

College/non-university certificate

28.35 %

University certificate (below bachelor)

0.15 %

University Degree

20.75 %

Commuter

Travel To Work

By Car

85.11 %

By Public Transit

0.0 %

By Walking

12.47 %

By Bicycle

0.0 %

By Other Methods

2.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.41 %

Houses

77.59 %

Own Vs. Rent