104 Highland Road North Bay, Ontario P1B 6K4
$399,000
Prime Investment Opportunity! Ideally situated along Algonquin Avenue at a high-visibility, signalized intersection, this property offers unparalleled exposure and accessibility. With flexible zoning and municipal support, the site is primed for a range of development possibilities including an apartment complex (22 traditional or 40 micro-units) and other residential opportunities. While only a portion is currently zoned R3, the vendor is committed to working with buyers to facilitate zoning adjustments and ensure a smooth sale process in compliance with site plan regulations. Under its C4 zoning designation, the property is also an ideal location for commercial ventures such as quick-service restaurants, retail stores, medical and professional offices, or entertainment establishments. A recent lot survey and a 2022 Phase II Environmental Site Assessment confirm the site's readiness for development. Whether you're an investor seeking strong returns or an entrepreneur with a vision, this prime location offers limitless potential for long-term success. Don't miss out on this exceptional opportunity! (id:47351)
Property Details
| MLS® Number | X11997044 |
| Property Type | Vacant Land |
| Community Name | Central |
| Amenities Near By | Highway, Public Transit |
| Farm Type | Other |
| Features | Irregular Lot Size |
Building
| Size Interior | 0.5 Acres |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 98 Ft ,9 In |
| Size Frontage | 126 Ft ,8 In |
| Size Irregular | 126.72 X 98.75 Ft |
| Size Total Text | 126.72 X 98.75 Ft |
| Zoning Description | C4r3 |
https://www.realtor.ca/real-estate/27972123/104-highland-road-north-bay-central-central
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March 25 2025 06:57:19
North Bay and Area REALTORS® Association
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