131 FAIRVIEW Avenue, St. Thomas, ON N5R 4X8
- $1,300,000
- 6
- BD
- 2
- BA
- 700
- SqFt
- List Price
- $1,300,000
- MLS#
- X14096080
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- Bungalow
- Bedrooms
- 6
- Bathrooms
- 2
- Living Area
- 700-1100
- Province
- ON
- Municipality
- St. Thomas
- Area
- Elgin
- Neighborhood
- St. Thomas
- Subdivision
- Fairveiw Ave And Elm St
Property Description
Prime St. Thomas Location with Exceptional Lot & Development Potential! Excellent opportunity for homeowners, investors and developers. Incredible value-add potential 103'x380' lot situated in a high-convenience St. Thomas location. Featuring excellent access to transit and main arterial routes, Parks, Schools, hospital, this property presents a versatile potential development opportunity. Concept plans have been prepared and preapproved for townhouse development featuring 8 residential units with the existing single detached home, offering exciting potential for builders, developers, and investors. Buyers to conduct their own due diligence regarding zoning, planning approvals, building permits, servicing, and development feasibility with the City of St. Thomas. Concept plans and consultation documents available for review. Currently tenanted existing detached bungalow featuring 3+3 bedrooms and 2 bathrooms, offering plenty of space for a growing family or extended family living. The fully functional layout provides flexibility for a variety of living arrangements, with additional bedrooms offering potential for a home office, guest rooms, or recreation space. Property is being sold in "as is, where is" condition. Bring your vision and explore the options to build equity or redevelop!
Additional Information
- Taxes
- $4,689
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- None
- Rooms
- 9
- Family Room
- Yes
- Kitchens
- 1
- Exterior
- Brick, Vinyl Siding
- Waterfront Type
- None
- Garage Spaces
- 6
- Garage Type
- Detached
- Pool
- Inground
- Parking Spaces
- 16
- Parking Type
- Private, Circular Drive
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of REALTY EXECUTIVES PLUS LTD, BROKERAGE.