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    Description

    PRIME RICHMOND REDEVELOPMENT OPPORTUNITY on a 50’ x 125’ Lot.Exceptional opportunity for builders, investors, or those looking to create a dream home. This large 50’ x 125’ lot offers outstanding redevelopment potential, suitable for one or two large single-family homes, in an area already SURROUNDED BY HIGH-END, MILLION-DOLLAR PROPERTIES.Ideally located close to shopping, amenities, and schools, this property combines convenience with strong future upside. The rear alley access and no homes directly behind provide added flexibility for design, garages, and privacy.The existing home is well maintained and currently rented to an AMAZING TENANT, offering immediate holding income. The seller is flexible on possession date and is willing to allow buyers to apply for permitting prior to possession. The property is under a fixed-term lease until July 31, 2026, making it a solid interim investment while you plan your project.There could be a possibility for a forced WALK OUT on this lot.Additional features include a single detached garage and a layout that supports future redevelopment options.DRIVE BY and explore the potential. This is an excellent opportunity to secure a PREMIUM LOT lot for your next build or long-term investment. No sign on the property. Do not disturb the current tenant. (id:58070)

    Property Features

    • MLS® Number A2296829
    • Price $989,000
    • Bedrooms: 2
    • Bathrooms: 2
    • Square Footage: 884 sqft
    • Property Type: House
    • Community Name: Richmond
    • Amenities Near By Recreation Nearby, Schools, Shopping
    • Features Back Lane, No Neighbours Behind, No Smoking Home
    • Parking Space Total 3
    • Plan 5661o
    • Structure Deck

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 2
    Bedrooms Total 2 Appliances Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer & Dryer
    Architectural Style Bungalow Basement Development Finished
    Basement Type Full (finished) Constructed Date 1950
    Construction Material Wood Frame Construction Style Attachment Detached
    Cooling Type None Fire Protection Smoke Detectors
    Flooring Type Carpeted, Hardwood, Linoleum Foundation Type Poured Concrete
    Half Bath Total 1 Heating Fuel Natural Gas
    Heating Type Forced Air Stories Total 1
    Size Interior 884 Sqft Total Finished Area 884 Sqft
    Type House

    Parking

    Other
    R V
    R V
    R V
    Detached Garage 1

    Land

    Acreage No Fence Type Fence
    Land Amenities Recreation Nearby, Schools, Shopping Landscape Features Lawn
    Size Depth 38.15 M Size Frontage 15.23 M
    Size Irregular 581.00 Size Total 581 M2|4,051 - 7,250 Sqft
    Size Total Text 581 M2|4,051 - 7,250 Sqft Zoning Description Dc (pre 1p2007)

    Rooms

    Level Type Dimensions
    Lower Level 2pc Bathroom Measurements not available
    Lower Level Recreational, Games Room 20.00 Ft x 10.00 Ft
    Main Level Eat In Kitchen 12.50 Ft x 12.83 Ft
    Main Level Primary Bedroom 11.17 Ft x 10.50 Ft
    Main Level Living Room 18.08 Ft x 12.50 Ft
    Main Level 4pc Bathroom .00 Ft x .00 Ft
    Main Level Bedroom 11.17 Ft x 10.50 Ft
    Address
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