1320 Lorne AVENUE

1320 Lorne AVENUE

Attention homebuyers, investors, and developers! This rare real estate opportunity is perfectly positioned directly across from Buena Vista Elementary School, boasting a massive 58 feet of total frontage spread across two separate, developable parcels that are completely independent of one another. Because the 25-foot north parcel and 33-foot south parcel are not tied together, you can completely bypass the lengthy delays and red tape of the city subdivision approval process. The options here are incredibly versatile: Choose to renovate the existing character home for yourself (we have quotes available) or rent it out for steady income while building a brand-new home right beside it. Alternatively, you can tear the existing structure down to build two premium infill properties, with legal basement suites in a high-demand location tenants will absolutely love. Families will also appreciate the quiet, low-speed traffic of the school zone and the unbeatable convenience of watching the kids safely walk right across the street to school. Opportunities with this much zoning flexibility and zero subdivision lag time are few and far between in this desirable neighborhood. Don't let this one pass you by. To see, call a REALTOR® to book your private showing today! (id:56426)