Rarely available, these two legal lots offer 17,522 +/- square feet of redevelopment with two road frontages plus laneway access. The current two homes provide stable cash flow while holding or initiating the development process. These properties are located in the Village Neighborhood’s Transitional Commercial Residential area and the current OCP indicates a higher potential development density. Concept designs are available for a number of higher density townhouse options. Recent preliminary discussions with Town Planning have been positive.
This development site is strategically located across the street from the Civic Centre and Ravensong Aquatic Centre. Walk the trails to local sports playing fields, parkland areas and interconnecting trails down to the oceanfront areas. The “Village Neighbourhood” with its myriad of shops, professional offices, restaurants, galleries and food stores provides easy walkability with everything being within a 3 block radius.