This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 157 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:51532)
| Property Summary |
|---|
| Building |
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| Level | Rooms | Dimensions |
|---|---|---|
| Second level | 3pc Bathroom | 8'0'' x 8'0'' |
| Bedroom | 12'0'' x 8'0'' | |
| Bedroom | 12'0'' x 10'0'' | |
| Kitchen | 9'0'' x 8'6'' | |
| Dining room | 8'0'' x 8'0'' | |
| Living room | 13'0'' x 12'0'' | |
| Basement | 3pc Bathroom | 7'0'' x 5'0'' |
| Laundry room | 12'0'' x 9'0'' | |
| Den | 11'0'' x 8'0'' | |
| Bedroom | 13'0'' x 12'0'' | |
| Recreation room | 16'0'' x 14'0'' | |
| Main level | 4pc Bathroom | 10'0'' x 5'0'' |
| Bedroom | 11'0'' x 11'0'' | |
| Primary Bedroom | 13'0'' x 10'0'' | |
| Kitchen | 13'0'' x 11'4'' | |
| Dining room | 12'0'' x 9'0'' | |
| Living room | 16'0'' x 12'6'' |
| Features | |||||
|---|---|---|---|---|---|
| Irregular lot size | See Remarks | Attached Garage(1) | |||
| Refrigerator | Dryer | Range - Electric | |||
| Washer | Wall unit | ||||
