Property Description

Prime Land Opportunity in a High-Demand Port Credit. An incredible opportunity to purchase for under 1 million dollars in this high demand location!! Location! Exceptional opportunity for developers, builders, and savvy investors to acquire land in a rapidly evolving area of Port Credit. This historical Adamson Estate is surrounded by significant ongoing and planned development, this property offers excellent exposure to the continued growth and transformation of the neighbourhood.An existing structure is situated on the property and may be suitable for renovation, subject entirely to the Buyer's independent due diligence, applicable zoning, permits, approvals, building requirements and municipal regulations. The property is being offered for sale as land only or renovation of existing structure. The Seller makes no representation or warranty regarding the existing structure, its current use, legal status, permitted use, suitability for renovation, future use, redevelopment potential, condition, or demolition requirements.Buyers are advised to conduct their own independent due diligence with the applicable municipality and authorities regarding zoning, permitted uses, renovation requirements, development potential, and the status and use of the existing structure. Buyer to satisfy themselves regarding all matters relating to the existing structure and any proposed renovation or redevelopment.Seller is willing to consider a lease-back arrangement following closing, subject to mutually acceptable terms. A compelling opportunity for those seeking land in a desirable and strategically located area with substantial surrounding development.Property being sold in as is where is condition. (id:7434)