Courtesy Of Stuart Reid Of Homes & Gardens Real Estate Limited.
One of the best development sites in the city and an incredible opportunity! DC2 zoned and approved for 5 storey(Wood Frame), 47 townhouse & large family sized condominium units with underground parking - located a quiet tree lined street, yet less than 400m from new LRT stop on the Valley line LRT. Approximately 30,000 square feet of land - the combination of 4 lots ( each lot is 58' wide x 128' deep). It has taken years to assemble the land and engage Stantec to go through the rezoning process for highest and best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1200/month each. Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements partially finished. The currently duplexes are not salvageable for renovation and best option is infill. Call lister for all information regarding DC2 approval. This site has also been proposed as seniors housing/long term care facility.
Listing information last updated on November 16th, 2018 at 9:46am MST.