$595,000

An opportunity for development is now available within the historic district of Cabbagetown. A stand-alone building is ready for renovation or potential combination as part of a multi-property sale. Property owners have initiated the planning phase for a mixed-use development that will encompass up to 20 multi-family units, 4 townhomes, a versatile-use center, and 3 commercial spaces. This proposal involves the acquisition of both 690 Memorial Drive (FMLS 7488326) and 686 Memorial Drive (FMLS 7488461). A parking variance will be necessary for the successful execution of this project, with detailed plans outlined in the documentation. Additionally, the agent involved serves as a co-owner of the property.