$750,000

About this property

This flat, graded, and well-maintained buildable lot (~36' x 99') presents an exceptional opportunity for a developer or end-user. Located on one of Sandy Hill's most prestigious, tree-lined streets, the property is surrounded by stately, established homes. The site benefits from dual access from Daly Ave and Augusta St. A 9' wide right-of-way off Augusta St offers potential for discreet rear parking, maximizing the future building footprint. Flexible N4B zoning provides numerous as-of-right development options, from a single-family home to a low-rise apartment up to 14.5m in height. There is no prescribed maximum unit count; achievable density depends entirely on the permitted building envelope. (Note: The first listing image is an AI-generated concept of high-end semi-detached homes, though the highest and best use may be a 12-unit apartment building). Because a large-footprint building previously occupied the site, future excavation is potentially simplified with no significant rock removal anticipated. Included Credits: The property comes with approx. $57,872 in Development Charge credits and $4,507 in Educational Development Charge credits. Buyers are advised to conduct their own due diligence to independently verify zoning, development permissions, building envelope, site conditions, servicing requirements, credits, and overall buildability. *For Additional Property Details Click The Brochure Icon Below*

Property details