Exceptional opportunity to acquire a centrally located medium-density four lot development site in Langford's "city centre".
This property is part of a land assembly with 3 adjacent lots (2863,2867 Rita Rd & 932 Bray Ave). The site is located within the OCP’s Designated "City-Center" Zone and offers a combined land area over 32,000 SF. Currently zoned as R2 however as per our discussion with the Senior Planner there is potential to rezone the Rita Rd lots to CC2 allowing up to a 4-storey building. Incorporating the Bray Ave lot could possibly allow a CC1 rezoning which includes high density developments, such as apartment buildings and other multi-unit projects up to 6-storeys. The existing homes are all in great, rentable condition and would also be ideal for keeping as holding properties. No interior viewing until an AO. Please do not walk on the property.
2859 Rita Rd, Langford BC V9B 4A2
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Listing by Pemberton Holmes Ltd. - Oak Bay
Listing information last updated: Fri Mar 25 2022 09:21:27 GMT+0000 (Coordinated Universal Time)