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$ 9,200,000
Est. payment /mo
Active
1592 Warren Grove Road Cornwall, C0A1H8
3 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cornwall
MLS® Listing ID 202518804
Year Built 2021
Lot Size 3 Sqft
Acres 8.838384E-5
Property Sub-Type Freehold
Source Prince Edward Island Real Estate Association
Property Description
Introducing a brand-new 29-unit apartment building thoughtfully designed for modern living and long-term investment. Features, (11) 1 bedroom, (14) 2 bedroom, (4) 3 bedroom. This low-maintenance property features a mix of spacious units, each equipped with in-unit washer and dryer, durable and stylish vinyl flooring, heat pumps with air conditioning, and high-end granite countertops throughout. Residents will enjoy water views, paved parking, elevator access, and a dedicated common room perfect for gatherings. Built with high-efficiency spray foam insulation, this building offers exceptional energy savings and reduced operating costs. The enclosed garbage facility ensures cleanliness and convenience. With premium finishes, practical amenities, and smart construction, this turnkey investment is built for long-term value and tenant satisfaction. All measurements are approximate.Please note, with the extra land, a 30 unit which has been designed, ground work and engineering has been completed and with be given to the purchaser. As well, with a new plan/design 83 units could be built depending on parking restrictions which have been relaxed to 1 parking spot per unit, or underground parking.. Also height restrictions have been relaxed from 40 ft to 60 ft, which will make it 4 story building instead of 3 story. Developer to do their due diligence. Also, the extra land could be sold separately if desired with proper surveying, to be negotiated at 1,700.000.00 plus HST for up to 83 units. (id:24570)
Location
Zoning Multi-Family
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Wall Mounted Heat Pump,
Cooling Air Conditioned
Flooring Other
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by COLDWELL BANKER/PARKER REALTY