- ©MLS 946371
- Bedrooms 3
- Bathrooms 2
- Parkings 15
Description
DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property finds itself within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic zoning that paves the way for increased density and Low-Rise buildings, up to 6 storeys. The Floor Space Ratio (FSR) is set at an advantageous 1.2:1, inviting imaginative possibilities for development. The property presents a promising opportunity for developers. Surrounded by multi-family zoned properties, it stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue. (id:48970) Show More
Details
- Constructed Date: 1976
- Property Type: Vacant Land
- Neighbourhood: Latoria
Features
- Acreage
- Central location
- Private setting
- Irregular lot size
- Greenhouse
- Shed
- Baseboard heaters
Location
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Data provided by: Victoria Real Estate Board