39 Princess Street Hamilton (Gibson), Ontario L8L 3K7

$349,900

Imagine the redevelopment possibilities! Bring your vision to 39 Princess Street and explore the opportunity to transform this Hamilton gem into a duplex, with a longer-term concept for as many as five separate residential units. The proposed first phase retains and revitalizes the existing home, pairing a renovated main floor with a self-contained basement apartment and separate entrances. The broader development vision contemplates two additional storeys, creating four residences within the main house, plus a two-bedroom apartment above a proposed rear two-car garage. Exterior improvements and a repaved driveway round out the planned transformation. Whether you're an investor exploring future rental income, a builder looking for your next project, or a buyer ready to turn potential into something special, this property invites you to imagine what comes next. Explore the initial two-unit concept and the possibilities for future expansion. Preliminary financials, conceptual renderings and development proposals are available. Permit and planning applications have not been submitted, and approvals have not been obtained; the buyer is responsible for confirming feasibility and securing all required permits and approvals. Do phase one and stop or continue later. The options are endless. (id:57276)

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https://www.realtor.ca/real-estate/30456812/39-princess-street-hamilton-gibson-gibson