114 Town Line Road, Pembroke, Ontario K8A 2G7

Listed for:
$219,900
0 beds
0 baths
Listed 106 days ago
114 Town Line Road, Pembroke, Ontario K8A 2G7

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Listing provided by:
EXIT OTTAWA VALLEY REALTY
MLS® number:
1376109
Agent:
Robert Frodsham
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About

Investment Opportunity!! Build and sell or build and have rental income. This 2 acre lot Zoned R2 has the potential you are looking for. With the need for residential rental space in the community this property can easily support a semi detached construction with up and down units in each (4 units). Drive way in place. Services access at the road to Hydro, water and natural gas. Seller is a Tarion Builders and can build to suit your investment. Seller willing to consider VENDOR TAKE BACK (50%). (id:27476)

Property Highlights

Type
Cooling type
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No
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Amenities nearby

Location

Summary

An exciting investment opportunity awaits with this 2-acre lot zoned R2, offering the potential for building and selling or generating rental income. The demand for residential rental space in the community makes this property an attractive option, with the capacity to support the construction of semi-detached units, each with up and down living spaces (4 units in total).

Conveniently, the property already has a driveway in place, with services accessible at the road for hydro, water, and natural gas. The seller, a Tarion Builder, is also open to building to suit your investment needs, providing a flexible option for potential buyers.

Furthermore, the seller is willing to consider a vendor take-back of 50%, adding another layer of flexibility for interested parties. This property presents a prime opportunity for those looking to capitalize on the demand for residential rental space or those seeking to develop and sell.

Located at 114 Town Line Road in Pembroke, Ontario, this property boasts a land size of 2.07 acres and is currently available for sale. With the potential for semi-detached construction and rental income, this property offers a promising investment prospect in a sought-after community.

Additionally, the property features a postal code of K8A2G7 and a basement that is listed as not applicable, providing further details for potential buyers to consider. Don't miss out on this chance to explore the possibilities that this property has to offer!