272 Sykes Street S

Meaford, ON

MLS® 40656194

For sale
$799,000

Versatile Property with Two Units - Zoned R1-210 for Medical Office & Residential Use. An incredible opportunity awaits with this dual-purpose property, zoned for both medical office and residential use. Located in a prime location: establish a home-based medical clinic, open a bed and breakfast, or even start a daycare centre. The expansive lot, measuring 176.44 ft x 129.93 ft, provides ample parking and easy access, all within walking distance to shops, restaurants, and more. This property could offer future development potential, with re-zoning/ a zoning variance for multi-unit residential projects (buyer to do their due-diligence). Whether you're looking for an excellent investment, future development opportunity, or a primary residence with income potential, this property has it all. You can rent out one unit while living in the other or use one unit as your medical office while residing in the second. The middle section offers additional flexibility for business purposes, while still maintaining two separate residential units. With three front entryways and three separate exits to the backyard, the layout is ideal for various configurations.
Property Details
Property Type
Commercial
Community Features
Irregular Lot
Ample Parking
City Lot
Hospital
Marina
Public Transit
Building
Basement Type
Full
Building Type
Mixed
Building and Land
Construction Materials
Vinyl Siding
Wood Siding
Sewer
Sewer (Municipal)
Stories
1
Water Source
Municipal
Land
Lot Depth
130 ft
Lot Front
176.00 ft
Lot Size Area
0.535
Acres
50-99.99 Acres
Zoning
R1-210
Walk Score
Royal LePage rcr Realty, Brokerage (Creemore Unit 2)
Royal LePage rcr Realty, Brokerage (Creemore Unit 2)

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Listing ID: 154464424
Last Updated: 2024-10-04 15:32:12