Robert Bumelis

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4288 QUEEN Street, Beamsville, Ontario

$1

4 Beds
3 Baths
2,400 Square Feet

Prime Investment Opportunity with Development Potential! Discover this exceptional property situated on a lot measuring 102.53 feet wide by 163.28 feet deep, featuring GCBD zoning that unlocks a multitude of development possibilities. Currently, the property features a 3-unit residential triplex measuring approx 2,400 sqft, including Two 2-bedroom units & One bachelor unit. Additionally, there is a large detached garage, equipped with its own power source and heating, perfect for storage or workshop use. The GCBD zoning permits the construction of a 5-storey building with a wide range of potential uses including Apartment building, Hotels, motels, or inns, Office spaces, and many more versatile options. Substantial progress already made toward obtaining site plan approval for a 21-unit, 5 storey apartment building. For those looking to generate income immediately, the existing structures can be rented for an estimated market rent of $5,000 per month, making it a perfect investment for both short-term cash flow and long-term growth. Don’t miss this chance to secure a property that combines immediate rental income with extraordinary future development potential. Contact us today to explore the possibilities! RSA. (id:23309)

Listing ID: 40690312
Property Type: Single Family

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Rooms

Level	Type	Dimensions
4pc Bathroom	Second level	8'6'' x 7'8''
Living room	Second level	12'9'' x 15'4''
Kitchen	Second level	9'0'' x 13'9''
Bedroom	Second level	11'8'' x 12'2''
Primary Bedroom	Second level	15'9'' x 12'3''
3pc Bathroom	Main level	5'0'' x 6'0''
Living room/Dining room	Main level	14'0'' x 16'4''
3pc Bathroom	Main level	7'7'' x 6'7''
Kitchen	Main level	13'6'' x 14'0''
Living room	Main level	15'8'' x 15'10''
Bedroom	Main level	15'6'' x 9'3''
Primary Bedroom	Main level	11'2'' x 15'5''

Details

Architectural Style: 2 Level
Amenities Nearby: Park, Schools, Shopping
Features: Sump Pump
Ownership: Freehold
Parking Spaces: 11
Structure: Workshop
Transaction: For sale
Zoning Description: GC-CBD

Building

Appliances: Microwave, Stove, Water meter, Hood Fan
Architectural Style: 2 Level
BasementType: Partial (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 4
Constructed Material: Wood frame
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Aluminum siding, Vinyl siding, Wood
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2400 sqft
Stories Total: 2
Type: House
Utility Water: Municipal water

Land

Access Type: Road access, Highway access, Highway Nearby
Amenities: Park, Schools, Shopping
Sewer: Municipal sewage system
Size Frontage: 103 ft

Listing provided by Homelife Professionals Realty Inc.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 4288 QUEEN Street in Beamsville Ontario. It was last modified on January 14th, 2025. Contact Robert Bumelis to schedule a viewing or to discover other Beamsville real estate for sale.

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