Priced below Assessed Value! Investor and Builder: MC-1 lot Development Approved for a 4-plex - Saving Time and Money! This sought-after location along the future Green Line on Centre Street North - already has approval for a 4-plex development. DESIGN PLANS are Included - Each unit is approximately 1200 sq. feet, with 3 bedrooms and a rooftop patio (optional plan for a main-level bedroom with full baths, two large bedrooms with two full baths on the upper level, and a rooftop patio - design ideal for shared housing). With the Development Permit in place, you may start the Building Permit application immediately. The solid bungalow is ideal as a holding property if you are not ready to build. The main level has a bright, spacious living room, a large kitchen with an eating area, a large primary bedroom, a second bedroom, and a 4-piece bath. The basement with a separate back entrance has two additional bedrooms and a 4-piece bath. The property has also been updated throughout the years: furnace (2016), hot water tank (2019), roof shingles and attic insulation (2020), and underground sewer line upgrade (2020). Schedule your private viewing today!