Property Information:
Prime RM1 Development Opportunity with Stunning Lake Views An exceptional development opportunity in a prime central location — this RM1-zoned property spans nearly half an acre and allows for up to 14 multi-family units. Ideally positioned directly across from a public beach and park, it offers unobstructed east-facing lake views that will add significant appeal and value to any future project. Just one block from an elementary school and daycare, this site is perfectly suited for family-oriented rental or strata developments. The existing 3-bedroom home requires some TLC but can be rented for holding income while development plans are underway. With strong fundamentals, a high-demand location, and excellent redevelopment potential, this is a must-see for serious builders and investors. (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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Architectural Style:
Bungalow
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Construction Style - Attachment:
Detached
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Floor Space:
1283 sqft
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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, Window air conditioner
