Huntsville, ON
Permit-ready 16 unit apartment development
Wholesale assignment Posted today
New
OFF-MARKET ON
Huntsville
Permit-ready 16 unit apartment development
ASKING$799K
Photos on request
Asking
$799,000
About this deal
Shovel-ready development in Huntsville, Muskoka: 16 one bedroom units across two 8-plex buildings. Zoned UR3 Urban Residential High Density, permits ready with architectural and engineering drawings complete. Designed for energy efficient post and beam with SIP panels. Possible government grants of up to $1.6M through Muskoka's MAHIP program at $100K per unit, subject to eligibility and approval. Purchase $799,000 by assignment.
0 beds 0 bathsLand
Highlights
- Permits ready, drawings complete
- UR3 high density zoning
- Up to $1.6M MAHIP grants, subject to approval
- About 1% local rental vacancy
Deal type
Assignment of contract