Unlock a prime development opportunity in the heart of Lake Country's Town Centre! This property has C1 zoning, aligning with the Official Community Plan's vision for mixed-use residential development. Planning officials have indicated that rezoning applications are discouraged, affirming the current zoning's strategic value. Development Highlights: Zoning Alignment: C1 zoning is in place, supporting mixed-use residential projects in line with the OCP. Incentive Potential: Potential qualification for Main Street tax and usage (density) incentives. Rental Tax Exemption: Possible eligibility for the Lake Country rental tax exemption bylaw, offering a 10-year property tax reduction for purpose-built rentals with a 10-year covenant. Town Centre Location: Situated within the Town Centre, requiring adherence to future form and character requirements during development application. Diverse Usage: Nearly 50 approved usages under the current zoning. Preferred Development: The planner suggests a mixed-use approach with grade-level service and amenity commercial units, topped with residential space. Development Capacity: Potential for a 6-story or 22m development as mixed-use commercial, contingent on meeting density bonuses and supported by the Town Centre designation. This is a chance to invest in a property with substantial development potential and attractive local incentives. Contact us today to explore the possibilities and take the first step towards your next successful project (id:47421)
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Detailed Information
Lot
70 x 0 ft
Amenities Nearby
Shopping
Community Features
High Traffic Area
Listing Contract Date
2026-01-14
Municipal ID
006-588-778
# of Parking Spaces
1
Property Type
Other
Transaction Type
For sale
Building
Exterior Finish
Vinyl siding
Heating Type
See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Type
Residential Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
1
Land
Total Size
0.21 acres
Access Type
Highway access
Amenities
Shopping
Current Use
Mixed use
Fence Type
Fence
Size of Irregular Land
0.21
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