House for sale
11820 King Road, Ironwood, Richmond
$1,650,000
Features
Style
2 Storey
Year Built
1973
Floor Area
2,415 sqft
Lot Size
7,969 sqft
Lot Frontage
60 ft
Parking Spaces
4
Amenities
Shared Laundry
Property Taxes
5,085 $ (2024)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings
Description
Outstanding Redevelopment Potential - Situated on a level 7,969 Sq. Ft lot with RSM/L zoning, this spacious basement-entry home offers exceptional redevelopment opportunities. Recent changes to density regulations now allow for up to four dwelling units on the property, making it an ideal candidate for multi-family development. The existing home features a functional 3-bedroom layout upstairs and a 1-bedroom suite below, providing immediate rental income potential. While the interior needs TLC, the home is entirely livable, offering a great holding property as you plan your next steps in this high-demand area.
MLS® Number R3000579