Description

Rare development opportunity on just under one acre, offering the potential to bring a new mixed-use project to life. The property is currently vacant and benefits from commercial zoning supporting a proposed 6-storey building with 30 residential units and main-floor commercial/retail space. The proposed development spans two parcels and is nearing site plan approval, providing a strong foundation for the next stage of development. The opportunity extends even further with the potential to incorporate the neighbouring property, creating the possibility for a larger-scale development of up to 60 units. With zoning and planning work already underway, this is an attractive opportunity for developers and investors seeking a project with significant upside and a clear path forward. Vendor Take-Back financing may be available.

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