Description

Listed by KETTLEWELL INS.&REAL EST.LTD.

181/185 King Street in Parkhill offers an excellent opportunity for investors, developers, or owner-users looking for a property with strong future residential potential. The property is currently configured as three residential units plus one commercial space, while approved plans are in place for conversion/redevelopment to a seven-unit residential property. With the municipal approvals already obtained, this property provides a significant head start for a future residential transition and helps reduce much of the planning uncertainty typically associated with redevelopment projects. Located on King Street in the heart of Parkhill, the property benefits from excellent visibility, convenient access to local amenities, and a central location within the community. A unique opportunity to acquire an income-producing property today with a clear path toward a higher-density seven-unit residential development in the future.