Prime Multi-family development site. This is an exceptional investment for seasoned developers, builders, and investors seeking a strategically positioned multi-family development site. Designated Residential Medium Density (RM) under the OCP, this site offers multiple high-value development pathways: Option 1: Subdivide and develop nine premium townhome units, maximizing density and market appeal. Option 2: Create two duplexes, each with two laneway homes, catering to the growing demand for versatile urban living. This is a rare opportunity to capitalize on a thriving market with strong growth potential. Secure this site today and unlock its full development value. (id:51532)
Property Summary |
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Building |
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Level | Rooms | Dimensions |
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Lower level | Living room | 15 ft x 21 ft |
Kitchen | 14 ft x 10 ft ,8 in | |
Bedroom 4 | 10 ft ,2 in x 13 ft ,5 in | |
Bedroom 5 | 11 ft x 13 ft ,5 in | |
Office | 15 ft x 21 ft | |
Main level | Living room | 18 ft x 17 ft ,2 in |
Dining room | 15 ft x 11 ft ,1 in | |
Kitchen | 9 ft x 11 ft ,6 in | |
Eating area | 8 ft x 11 ft | |
Bedroom 2 | 11 ft x 16 ft | |
Primary Bedroom | 13 ft ,6 in x 17 ft ,6 in | |
Bedroom 3 | 9 ft ,1 in x 12 ft ,6 in |
Features | |||||
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Garage(2) |