4776 MALDEN ROAD - $1,999,900.00

Development opportunity at 4776 Malden Road, Windsor, offering approximately 2.8 acres of privately owned land with potential for 22 single-family residential lots, in addition to an existing home and a potential additional lot fronting Malden Road. The two-bedroom, two-bathroom home features a large garage and Malden Road frontage, currently generating $1,300/month in rental income while future development plans are explored. An existing survey is available. Stage 1 planning consultation was completed in 2024 but has expired; a new consultation is required for future proposals. The home parcel is zoned HRD1.1. Lands west of the home, south of the Oxford Street right-of-way, are zoned DRD1.1. Potential acquisition of adjoining City-owned street/alley lands may provide opportunities for further single-family homes. Survey, ownership summary and City correspondence available. An opportunity for builders and investors to explore future residential development. (id:4555)