4 Bedroom
2 Bathroom
1,335 ft2
Bungalow
Landscaped
$499,900
Rare opportunity to secure a C-2 zoned property on over half an acre in Eastern Passage, offering 120? of road frontage and a world of potential. This property includes a 4-bedroom, 2-bath bungalow plus a detached double garage. While the home is in need of some cosmetics, the bones are solid, and the location is unbeatable. The paved double-wide driveway and fully fenced yard provide a solid foundation for future value-add improvements or redevelopment. What truly sets this property apart is the zoning. With C-2 zoning, investors have a wide range of permitted uses at their fingertips?think daycare facility, retail shop, personal service business, office space, studio, gallery, café, and more. The current zoning also allows for the development of up to 12 residential units, opening the door for a multi-unit build. Located just a short stroll from McCormacks Beach and the vibrant boardwalk at Fisherman?s Cove, this property combines lifestyle appeal with serious investment potential. Whether you're looking to hold and rent, redevelop into an income-generating complex, or run your business on-site while living next door, this lot offers multiple paths to build wealth. Don?t limit yourself to one strategy?this is a ?choose your own adventure? property where the possibilities are as expansive as the lot itself. (id:45785)
Property Details
MLS® Number
|
202508906 |
Property Type
|
Single Family |
Community Name
|
Eastern Passage |
Amenities Near By
|
Park, Playground, Public Transit, Shopping, Place Of Worship, Beach |
Community Features
|
Recreational Facilities |
Features
|
Level |
Building
Bathroom Total
|
2 |
Bedrooms Above Ground
|
3 |
Bedrooms Below Ground
|
1 |
Bedrooms Total
|
4 |
Appliances
|
Stove, Dryer, Washer, Refrigerator |
Architectural Style
|
Bungalow |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Constructed Date
|
1975 |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Vinyl |
Flooring Type
|
Hardwood, Laminate |
Foundation Type
|
Poured Concrete |
Stories Total
|
1 |
Size Interior
|
1,335 Ft2 |
Total Finished Area
|
1335 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Land Amenities
|
Park, Playground, Public Transit, Shopping, Place Of Worship, Beach |
Landscape Features
|
Landscaped |
Sewer
|
Municipal Sewage System |
Size Irregular
|
0.5205 |
Size Total
|
0.5205 Ac |
Size Total Text
|
0.5205 Ac |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Lower Level |
Bedroom |
|
|
12.7 x 8.5 |
Lower Level |
Laundry Room |
|
|
17.6 x 13.2 |
Main Level |
Living Room |
|
|
18.6 x 11 |
Main Level |
Dining Room |
|
|
9.5 x 11.6 |
Main Level |
Kitchen |
|
|
8.10 x 8.8 |
Main Level |
Primary Bedroom |
|
|
10.5 x 11 |
Main Level |
Bedroom |
|
|
9.5 x 9.1 |
Main Level |
Bedroom |
|
|
7.10 x 11 |
Main Level |
Bath (# Pieces 1-6) |
|
|
4.5 x 7.3 |
https://www.realtor.ca/real-estate/28215965/64-mccormacks-lane-eastern-passage-eastern-passage