Lot size acres
0.89 ac|under 1 acre
Listing #
10315856_26997643
Listing courtesy: Royal LePage Kelowna
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential. Current zoning rights and preliminary discussions with the city and a planning consultant indicate two possible development options. The first option is a rezone to MF2, which would allow for up to 20 townhomes. The second option is a three-lot subdivision: two MF1 lots west of McTavish, each accommodating a six-plex building, and one MF3 lot bordering Glenmore Rd, with a higher-density apartment (1.3–1.8 FAR), yielding 20,000 buildable square feet. A road dedication to connect McTavish Rd through the property may be required for subdivision. The city has indicated it does not support rezoning the full lot to MF3. This prime location offers a unique opportunity for developers to maximize their investment in a growing area. (id:1184)
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY TRUE NORTH, BROKERAGE
207 Northern Avenue Suite 1, Sault Ste. Marie, ON P6B 4H9