869 Elmhurst Road – Winnipeg

$575,000
Beds 2 Baths 1 Lot Area 48579 ft²

Property Description

Close to the Assiniboine Forest and the Harte Trail, this is a rare investment opportunity on one of the best streets in Charleswood.The project proposes to extend COOPMAN to a cul-de-sac and subdivide the TWO INCL. PARCELS to create 5 RESIDENTIAL lots. 2 pre-applications submitted, some public engagement works undertaken, and substantial engineering and planning studies performed, this project is ready for a willing investor to continue (Seller moved out of MB). Most of value is in the land and its location adjacent to ADDITIONAL undeveloped backland properties. Studies undertaken would be useful to the investor seeking to expand the project further North-CONTACT AGENT for details. Current house sold as is (shingles + attic insul. in ’18)-Could be rented while pursuing the subdivision. Alternatively buyer could investigate the possibility to separate the Proposed Lot 1 (exist. house) to create a MASSIVE FLAG LOT at the back (see Exec. Policy Committee Report No. 642).Buyers to do their own due diligence.

  • Bedrooms2
  • Bathrooms1
  • MLS Area / Neighbourhood:1G - 1G Charleswood
  • Living Area636 ft²
  • Heating TypeForced air
  • ParkingFront drive access, Recreational vehicle, Unpaved driveway
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Agent Profile

Jayesh Guliani Phone: 204-885-5500 Fax: 204-885-6600 Email Me Visit My Site