Total Finished Floor Area: 6,263

Description: Zoned multifamily residential is this approximately 6,300 sq ft lot in Canaan Lane just off of busy Shirley St, which is 50 yards before Nassau Motors, when traveling east. The neighbourhood's infrastructure is in good condition. Average lot size in the area is the same 7,000 sq ft. Area demographics are represented by lower to middle income persons residing in mostly single famnily residences. Ideal location and priced right to construct a combination of low income 2 bed 2 bath, 2 bed 1 bath or 1 bed 1 bath apartments that can attract high demand monthly affordable rentals ranging between $600 to $1,000 monthly. Construction can be 2 stories. The area is located in close proximity to most modern conveniences such as schools, hospitals, grocery stores, gas stations etc, which are all within walking distance.

 

 

Listed by: Hideaways Real Estate

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