1.78 ACLand / Multifamily$5,600,000Sale
1.78 AC
Land / Multifamily
$5,600,000
Sale
Sat Swaich
Prime Property Group
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Amazing value! Designated Multi Unit Attached in the Mission OCP - this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two large developments in the immediate area by reputable developers. The site is improved with a 3865 sq ft home, inground pool, 2 bay detached workshop and storage shed all in a great setting. Water/Drainage infrastructure already exists along Bannister with Sewer connections coming from developments to the north. (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 33-39 townhomes on this site.
The Property
Asking Price$5,600,000
Available Space1.78 AC
Property UseMulti family / Single family
ZoningS20
SourceDirect
The Lot
Amazing value! Designated Multi Unit Attached in the Mission OCP - this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two large developments in the immediate area by reputable developers. The site is improved with a 3865 sq ft home, inground pool, 2 bay detached workshop and storage shed all in a great setting. Water/Drainage infrastructure already exists along Bannister with Sewer connections coming from developments to the north. (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 33-39 townhomes on this site.
Property TypeLand / Multifamily
Lot Size1.78 AC
Up to $500K for British Columbia businesses
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