Description

Prime development opportunity. This property is being sold for land value and offers residential redevelopment potential. Zoned R2, permitted uses include: single detached dwellings, semi-detached buildings, semi-detached dwellings, and duplexes. The city has indicated support for creating two lots, subject to a minor variance for each lot and a consent application. Current lot is 520 sq m (just 20 sq m shy of the combined minimum area for two lots). Ideal for developers or investors looking to capitalize on a centrally located property with strong long-term potential.. This is an Estate Sale.