1274 Woodroffe Avenue, Parkway Park - Queensway Terrace S and Area, ON K2C 2T6

Parkway Park - Queensway Terrace S and Area, ON

MLS® X13598020 · For Sale

$580,000

PRIME LOCATION FOR DEVELOPMENT - ATTENTION INVESTORS, BUILDERS & DEVELOPERS! Unlock incredible value with this prime real estate opportunity in a highly sought-after, high-density rental pocket. Situated just minutes from Algonquin College, major transit hubs, shopping, and local amenities, this property boasts unbeatable location mechanics for maximum future returns. REBUILD OR REMODEL: The existing bungalow, an ideal footprint for a complete top-to-bottom transformation, requires extensive renovations and remediation stemming from a 2022 water incident. THE REAL VALUE IS IN THE LAND: For builders and developers, this prime parcel offers the ultimate blank canvas. Under the new zoning provisions, this intensification-ready site presents ideal potential for a semi-detached severance or a multi-unit development project tailored to capture the area's insatiable student and rental demand. Property is being sold in "AS IS, WHERE IS" condition with no representations or warranties. Buyers are advised to conduct their own due diligence regarding zoning, setbacks, and severance potential with the municipality.

Listed by ROYAL LEPAGE INTEGRITY REALTY