Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50’ x 120’ lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY. (id:47421)
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Detailed Information
Features
Level lot, Corner Site
Listing Contract Date
2025-09-03
Municipal ID
012-833-541
Ownership Type
Freehold
Property Type
Other
Transaction Type
For sale
Building
Constructed Date
1959
Heating Type
See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Type
Residential Commercial Mix
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Other
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Sewer
Available
Water
Available
Land
Total Size
0.55 acres
Access Type
Easy access, Highway access
Current Use
Mixed use
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.55
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