Welcome to an exceptional investment opportunity in a prime location! This home sits on almost 9000 sq.ft. land, currently zoned R5, offers the perfect canvas for your next project. Situated in a sought-after area, this property allows for 2-Family Dwellings, making it ideal for medium-density development. With an exciting announcement on the horizon, this property holds even greater promise. Featuring backlane access and a split-level home with a basement suite, this property offers versatility and convenience. Whether you’re looking to renovate the existing structure or envision a new development, the possibilities are endless. Invest with confidence in this great holding property.