$729,000

About this property

Exceptional residential development opportunity on a large single-detached dwelling lot zoned R1A. A 4-lot consent was approved in June 2025 and remains in effect until June 19, 2027, subject to outstanding conditions, with approximately half of the required conditions already satisfied.The property benefits from an approved site plan featuring a 3-unit townhouse block and a semi-detached dwelling. Preliminary engineering drawings have been reviewed and approved by the City, and notably, no minor variances are required based on the approved site plan. Municipal sanitary sewer and water services are available along both street frontages, providing excellent servicing flexibility for future development.The existing single-detached dwelling is to be demolished as a condition of the consent approval. The site has received archaeological clearance and is considered environmentally clean, with no known soil contamination concerns.A rare opportunity for builders and developers to advance a well-positioned project with significant planning work already completed. Refer to the attached severance sketch and approved site plan for detailed lot dimensions, building footprints, and development layout. (id:66946)