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4
$998,000 Sale
Listed 19 hours ago
18 Phelps Street
· 3
· 1
· 2
· 1100-1500
Key Facts
Key facts for 18 Phelps Street
Property Type
House, Bungalow
Parking
Detached 2 garage, 2 parking
MLS #
X14146352
Size
1100-1500 sqft
Basement
Full,Unfinished
Listed on
2026-11-03
Lot size
131 x 133.9
Tax
$3,903 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
**Prime Development Opportunity - Exceptional Investment Potential**Rare opportunity to acquire a strategically located development property with significant upside potential. This site offers the possibility to develop approximately **4 to 6 townhouse units, 2 detached or 4 semi-detached homes** (s...ubject to municipal approvals and due diligence), making it an ideal project for builders, developers, and investors seeking to capitalize on the growing demand for quality residential housing. ***The property can be set up as 2 lots of 65.5' x 133' or combine into one large parcel of 130.90' x 133'.*** The property features a desirable location with convenient access to schools, shopping, parks, major transportation routes, and community amenities. Its configuration and size provide excellent flexibility for a townhouse development while maximizing land utilization and future value.Whether you're looking to expand your development portfolio or undertake your next residential project, this property presents an outstanding opportunity to create modern, high-demand housing in a sought-after area. Opportunities of this nature are increasingly difficult to find-don't miss your chance to secure a promising development site with substantial future potential. (The existing property is being sold in "as is, where is" condition, with no representations or warranties by the Seller.)
Room Types
Bedroom
-
Dimensions 14.76 x 7.87 feet
116.16 sqft
Bedroom
-
Dimensions 8.53 x 8.69 feet
74.13 sqft
Dining Room
-
Dimensions 12.47 x 11.15 feet
139.04 sqft
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Courtesy of: RE/MAX NIAGARA REALTY LTD, BROKERAGE