518 Church Street North Dundas, Ontario K0C 2K0

$299,900

Prime investment and development opportunity in the growing community of Winchester. Located just 30 minutes south of Ottawa, 518 Church Street sits on a spacious lot with excellent redevelopment potential in an area experiencing increasing demand for quality housing. Positioned within walking distance to local schools, shopping, and the Winchester District Memorial Hospital, this property offers a rare combination of small-town charm and strong long-term investment potential. The generous lot frontage and depth make it an ideal candidate for redevelopment-whether for a purpose-built rental property, detached home, or a low-rise multi-unit building. The existing building provides the added advantage of a potential holding property, allowing investors to generate income while planning future development. Municipal water, sewer, and natural gas services are already connected, simplifying the path toward multi-unit conversion or redevelopment. Additional highlights include two deeded parking spaces with approval for additional gravel parking in front, as well as two deeded parking spots in Boyd parking lot, a roof replaced within the last five years, and future water rights secured for up to four apartment units, offering valuable flexibility for future plans. With rental demand continuing to grow across North Dundas, opportunities like this are becoming increasingly scarce. Winchester's convenient access to Highway 31 (Bank Street), medical facilities, schools, and family amenities makes it an attractive location for both residents and investors. Whether you're an experienced developer or an investor looking to expand your portfolio, 518 Church Street presents the location, infrastructure, and potential to bring your vision to life. (id:59524)

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https://www.realtor.ca/real-estate/29852351/518-church-street-north-dundas-706-winchester