St Margarets Bay Road to 1445 Prime Lakeside Investment & Development Opportunity Welcome to 1445 & 1453 St. Margarets Bay Road (PID #00347930 & #40816944), offering a combined 28,717 sq. ft. of land in a highly desirable location. The property features a 2,500 sq. ft. building in excellent condition, fully leased to Canada Post on a Net Rent basiswith the tenant covering all operating costs and property taxes. This means stable, hassle-free income from a secure national tenant. Beyond its current income stream, this site offers exceptional development potential. With as-of-right zoning for up to a 30,000 sq. ft building., the C2 zoning permits a wide variety of commercial and residential uses, making it ideal for mixed-use, retail, office, or residential projects. Perfectly positioned just 2 km from Bayers Lake, this lakeside property combines strong existing revenue with incredible future growth potentialan opportunity not to be missed for investors and developers alike. (id:27476)
