Property Information:
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-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 163 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 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/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:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Air Conditioning:
Yes
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Basement Type:
Full
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Construction Style - Attachment:
Detached
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Exterior Finish:
Stucco, Wood siding
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Flooring Type:
Laminate
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Roof Material:
Asphalt shingle
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Roof Style:
Unknown
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Heating Type:
Forced air
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Cooling Type:
Wall unit
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Appliances:
Refrigerator, Dryer, Range - Electric, Washer