Property type
Multiplex
Lot size
2-4.99 acres
Style
2-Storey
Approx. Area
N/A
ATTENTION INVESTORS Exceptionally rare find: TWO x 3 Bedroom Homes on one sprawling 2.6-acre corner lot in the City of Kingston, with possible Development potential for Lot Creation of new 250ft wide x One (1) Acre Building Lot on Butternut Creek Rd next to Butternut Creek Estate Subdivision & other Executive Neighbourhoods such as Ironwood Rd and Grousewood Lane. Currently priced as it sits (ie. no severance) for $599,900, not only would the new owner be the proud owner of TWO separate legal dwellings, if a severance was ultimately approved, this would simply be a bonus. See existing driveway on Butternut Creek Rd positioned at the centre of possible lot. Lot would be desirable as it's relatively private, tree-lined and level. Close to all east end amenities, CFB Kingston, Hwy 401, Downtown Kingston, Queen's University, Kingston General Hospital. The original 3-bed, 1-bath brick farmhouse (c.1910) exudes rustic charm with exposed brick walls and vintage character. Connected by a breezeway, the second dwelling (c.1974) is a 3-bed, 1-bath home with its own entrance and a massive 2-car garage. Both homes are on private well and septic, with two driveways, separate hydro meters, and potential for dual income or extended family living. Zoned A1-54 and designated "Rural" in the City of Kingston's Official Plan. Updates needed, but loads of potential for live/rent, multi-generational living, Airbnb, or future redevelopment. Property Information Package on file with Projected Financials. Renovation estimates can be available upon request. Easy to view. Flexible Closing.
Last updated
Apr 21
Virtual tour
None
Basement information
Development Potential, Full
Building size
--
Status
In-Active
Property sub type
Multiplex
Maintenance fee
$N/A
Year built
--
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