This Amazing Development Opportunity Located On The Main Beach Strip In Historical Crystal Beach Offers Existing Cmu2 Zoning That Allows For The Construction Of A 5 Storey Hotel / Hospitality Development. No Parking Required As The Property Is Within The Allowance Distance To Public Parking. In Between Two Public Beach Access Points. Current Structure Possesses 4 Rental Units With Income, This Location Is Highly Desirable For Development And Has Been Evaluated By Turnkey Developments In A Consulting Capacity With A Rating Of Very High Development Potential And Very Low Barriers To Development. The Current Owner And Consultant Have Speculated On Guest Rooms, Commercial Kitchen, Roof Top Patio With Views Of The Lake And Roof Top Pool, With Valet / Concierge Services. This Is A Rare Opportunity In A Highly Desirable Tourist Area. Photos Are Artists Concept Only, And Will Require A Height Restriction Variance And Approved Building Permits. (id:52505)
MLS® Number | X5846238 |
Property Type | Retail |
Neigbourhood | Crystal Beach |
Cooling Type | Partially Air Conditioned |
Size Interior | 11237.51 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Size Irregular | 153.9 X 70.19 Ft |
Size Total Text | 153.9 X 70.19 Ft |
Contact us for more information
(416) 364-4776
(416) 364-5546
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