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$357,800

North Dundas ON, K0C 2K0

MLS® # X12479569

Property Information:

Exceptional investment opportunity in the heart of Winchester! Situated on a spacious lot in a growing community just 30 minutes south of Ottawa, 518 Church Street presents incredible potential for savvy investors, developers, or builders looking to create a multi-unit residential property. Zoned for flexible residential use and located within walking distance to schools, shopping, and the Winchester District Memorial Hospital, this property offers the perfect blend of small-town living and long-term growth potential.The lot's wide frontage and depth provide ample space for redevelopment-ideal for a purpose-built rental property, semi-detached homes, or a low-rise multi-unit dwelling (buyer to verify permitted uses with the township). The existing home can serve as a holding income property while you plan your next phase of development. Municipal water, sewer, and natural gas services are available simplifying the transition to multi-unit use.With demand for quality rental housing on the rise across North Dundas, opportunities like this are becoming increasingly rare. Winchester's convenient access to Highway 31 (Bank Street), local schools, medical facilities, and family amenities makes it an attractive option for both residents and investors alike. Whether you're an experienced developer or an investor looking to expand your portfolio, this property checks all the boxes: location, services, and potential.Don't miss your chance to shape the next phase of growth in one of Eastern Ontario's most promising rural communities. A true diamond-in-the-rough ready for your vision-explore the possibilities today! (Two deeded spots as well as gravel approval for additional parking. Sewer and water are both connected. Future water rights for 4 apartments have been secured for the address if necessary. Roof done within the last 5 years) (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 4240 sqft
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4240 Square Feet
  • Irregular: Yes
  • Lot Size: Unit=40 x 106 Acre
  • Zoning: ResidentialéCommercial

Courtesy of: ENGEL & VOLKERS OTTAWA

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 518 CHURCH STREET, North Dundas, Ontario, K0C 2K0

Demographic Information of 518 CHURCH STREET, North Dundas, Ontario, K0C 2K0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$98,793.18

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.56 %

High school certificate or equivalent

33.11 %

Apprenticeship trade certificate/diploma

6.26 %

College/non-university certificate

30.88 %

University certificate (below bachelor)

1.18 %

University Degree

11.01 %

Commuter

Travel To Work

By Car

80.22 %

By Public Transit

0.0 %

By Walking

10.49 %

By Bicycle

0.0 %

By Other Methods

9.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.71 %

Houses

71.29 %

Own Vs. Rent