DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property finds itself within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic zoning that paves the way for increased density and Low-Rise buildings, up to 6 storeys. The Floor Space Ratio (FSR) is set at an advantageous 1.2:1, inviting imaginative possibilities for development. The property presents a promising opportunity for developers. Adjacent to Havenwood Park and multi-family zoned properties. It stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue. (id:47421)
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Detailed Information
Features
Acreage, Park setting, Private setting, Irregular lot size, Other
Listing Contract Date
2024-11-04
Municipal ID
000-786-764
Ownership Type
Freehold
Plan
VIP11696
Property Type
Multi-family
Transaction Type
For sale
Zoning
Unknown
Building
Type
Multi-Family
Land
Total Size
3.9 acres
Acreage
Yes
Size of Irregular Land
3.9
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