- 0 Bedrooms
- 0 Bathrooms
- Calculators
- 61 walkscore
Description
A rare investment opportunity not to be missed. This property, located on Fourth Avenue, offers exceptional potential for investors, builders, and renovators alike. The existing dwelling is small, very old, and would require either a complete gut renovation or is best suited for a full teardown, making it an ideal candidate for a profitable flip or redevelopment project.
Property & Lot!
A rare investment opportunity not to be missed.
This double lot property, located on Fourth Avenue, offers
exceptional potential for investors, builders, and
renovators alike. The existing dwelling is small, very old,
and would require either a complete gut renovation or is
best suited for a full teardown, making it an ideal
candidate for a profitable flip or redevelopment project.
What truly sets this opportunity apart is the additional
vacant lot located directly behind the property on Fifth
Avenue. Together, these two distinct parcels--each with
their own cadastre number--create a unique dual-lot
configuration that significantly enhances the overall value
and flexibility of the site.
Please note that the existing garage, as shown on the
Certificate of Location, straddles both lots.
Whether envisioned as a single large-scale residential
build with an expansive backyard, or as two separate new
constructions--unlocking dual investment
opportunities--this property offers outstanding versatility
and long-term upside.
A strategic acquisition for those looking to maximize land
use, capitalize on redevelopment potential, and secure a
rare multi-lot opportunity in a desirable area.
Side Note -- Market Positioning: While I acknowledge that
$45-$50 per square foot is on the higher end of the range
for this property, I believe it remains justified and
defensible given the unique opportunity this offering
presents. The fact that the properties consist of two
separate lots with two distinct addresses can be highly
attractive to certain buyers, particularly builders,
investors, or independent contractors--who may see added
flexibility, development potential, or long-term value in
this configuration. This element strengthens the overall
appeal and supports a confident market position
The connections to the municipal water and sewer services,
are at the BUYER'S expense and responsibility.
Inclusions : As is.
Exclusions : Wooden boat currently stored there that belongs to a neighbour and will be moved prior to sale.
| Liveable | N/A |
|---|---|
| Total Rooms | 1 |
| Bedrooms | 0 |
| Bathrooms | 0 |
| Powder Rooms | 0 |
| Year of construction | 1960 |
| Type | Bungalow |
|---|---|
| Style | Detached |
| Dimensions | 17.11x6.42 M |
| Lot Size | 851 MC |
| Other taxes (2026) | $ 3550 / year |
|---|---|
| Municipal Taxes (2026) | $ 2257 / year |
| School taxes (2025) | $ 154 / year |
| lot assessment | $ 233000 |
| building assessment | $ 175900 |
| total assessment | $ 408900 |
Room Details
| Room | Dimensions | Level | Flooring |
|---|---|---|---|
| The house as a whole | 15.31 x 17.11 M | Ground Floor |
Charateristics
| Proximity | Bicycle path, Cegep, Cross-country skiing, Daycare centre, Elementary school, Golf, High school, Highway, Park - green area, Public transport |
|---|---|
| Topography | Flat |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Zoning | Residential |
