Prime Multi-family development site. This is an exceptional investment for seasoned developers, builders, and investors seeking a strategically positioned multi-family development site. Designated Residential Medium Density (RM) under the OCP, this site offers multiple high-value development pathways: Option 1: Subdivide and develop nine premium townhome units, maximizing density and market appeal. Option 2: Create two duplexes, each with two laneway homes, catering to the growing demand for versatile urban living. This is a rare opportunity to capitalize on a thriving market with strong growth potential. Secure this site today and unlock its full development value.
Purchase Type For Sale
Square Footage 3, 584 sqft
Price per Sqft $334
MLS Listing ID R3042242
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1980
Lot Size 0.440 Acres
Property Sub-Type Single Family Residence