For more information, please click the 'More Information' button. This is a perfect development opportunity in Forest Lawn! This property is zoned M-C1 and is excluded from the repeal of the city wide rezoning. It will remain as M-C1 zoning. The property directly next door is also available for sale and is zoned as M-C1 with exemption from the repeal. The lot allows for an 8 unit future development. Buyer must complete their own permitting due diligence. This is a RARE opportunity to purchase neighboring lots with this zoning, providing excellent development potential. The home is a great rental property to hold until development is ready to commence. The location of Forest Lawn is only minutes away from downtown and main traffic arteries for commuting. This property is also perfect for a first time home buyer as well. This bungalow offers 3 bedrooms on the main level and an open kitchen. The main level also offers a bright living room and dining room with great sized windows. The basement offers an illegal suite, fully set-up to accommodate guests. The lower basement includes a kitchenette, 1 bedroom, 3 piece bathroom, laundry room and a bonus space for relaxing. Don't wait long, this property is a prime investment and is sure to go fast! (id:60457)