Property Details

28 Elm Street, Chelmsford, Ontario

28 Elm Street, Chelmsford, Ontario (ID 2095461)

$1,600,000 - For Sale


TWO 6-plexs and a commercial/multifamily vacant lot being sold as a package! Don't miss this incredible investment located close to all the important amenities! Outside these two all brick buildings show pride of ownership with a paved driveway as well as updated shingles, soffit, and facia (2019) that will keep you worry free for years to come! The vacant lot offers endless possibilities and is zoned C6(1) which the city defines as "A multiple dwelling that shall be limited to a maximum of 30 dwelling units per building and a maximum net density of 60 units per hectare with or without permitted non-residential uses provided the lot is a fully serviced lot, No minimum building height and a maximum building height of 15 metres, maximum gross floor area of 2.0 times the lot area will apply, and in mixed use buildings where the uses consist of both residential and non-residential uses, the residential uses shall be located above non-residential uses" . Inside these buildings you'll find a total of twelve well-kept and nicely updated two bedroom units with separate meters, both with their own coin operated washer and dryer, and both have had the fire safety done annually for the last 10 years (see documents)! This is a solid long-term investment that will yield excellent returns! Book your private viewing today!!!

Property Details
  • Property Address:28 Elm Street, Chelmsford, Ontario
  • Property Type:Commercial
  • Sewage Type:Municipal
Structure Details for 28 Elm Street, Chelmsford, Ontario
  • Structure Type:Vacant Lot(s)
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28 Elm Street, Chelmsford, Ontario

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