One of the best development sites in the city and an incredible opportunity! DC2 zoned and approved for 5 storey(Wood Frame), 47 townhouse & large family sized apartment/condominium units with underground parking - located a quiet tree lined street, yet less than 400m from new LRT stop on the Valley line LRT. Approximately 30,000 square feet of land - the combination of 4 lots ( each lot is 58' wide x 128' deep). It has taken years to assemble the land and engage Stantec to go through the rezoning process for highest and best use. Currently there are 8 dilapidated 1/2 duplex residences, that are currently rented month to month at approximately $1200/month each. Each 1/2 duplex is; ~1000 sq ft above grade,3 bedrooms/1 bathroom,full basements partially finished. The currently duplexes are not salvageable for renovation and best option is infill. . This site has also been proposed rezoning as seniors housing/long term care facility or higher density zoning etc.
Chris was an invaluable asset to us in the search for our new home. He offered genuine guidance as we navigated our options without ever making us feel pressured or led in any way. His lines of communication were always open and we felt like we were his only clients, something that is definitely not the case and therefor an impressive feat unto itself. We would not hesitate to work with Chris again, whether we are selling or buying again. Thank you!
- Caitlin Bolanos