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300 & 302 Woolgar Avenue
$849,000

Amazing development opportunity: a commercial corner double lot, 19,565 sf in size, located just one block off Old Airport Road, Yellowknife’s primary shopping district.

Zoning is CS (Commercial Service) and allows for a wide variety of uses including service stations and restaurants with a drive-through.

The lots are flat and at grade with the roadway, ready to build on. Based on the sandy surface and the condition of the concrete slab of the previous (recently demolished) older building, soil mechanics appear to be good. The lot also benefits from a rear delivery lane.

The vendor recently obtained a development permit for a restaurant with a drive-through and can provide qualified purchasers with a recent Real Property Report including a topology study, a Phase I environmental site assessment, traffic study and other supporting documents upon entering into a confidentiality agreement, to assist in expediting any new permit.

Details

  • Address
    300 & 302 Woolgar Avenue
  • Location
    Yellowknife
  • Price
    $849,000
  • Taxes
    $7,965.00
  • Lot Size
    19,565 sq. ft.

Lot & Floor Plans

Location

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Rate: 5%

5% Down

10% Down

15% Down

20% Down

25% Down

Down Payment

$42,450

$84,900

$127,350

$169,800

$212,250

10 Years

$8,535

$8,085

$7,636

$7,187

$6,738

15 Years

$6,357

$6,022

$5,687

$5,353

$5,018

20 Years

$5,300

$5,021

$4,742

$4,463

$4,184

25 Years

$4,691

$4,444

$4,197

$3,950

$3,703

MONTHLY PAYMENTS ARE BASED ON A FIVE (5) YEAR TERM AT A RATE OF 5%. CMHC FEES NOT INCLUDED.