RA8 amendments include an increase in FAR to 3.0, the removal of the 50% site coverage restriction, and the removal of maximum density.* CMCH FINANCE FOR 95% LTV* One of the best development sites in the city!!!! RA8/DC2 zoned and approved for 6 storey, ~60 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 - 4 titles). 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 $1000/month each(2 vacant). 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.
Chris helped me sell my condo so I could downsize to something smaller. He did an excellent job explaining the process & the services provided. He is always very courteous, patient and professional. Chris is also easy to get in touch with and made the effort to go that ‘extra mile’. Good luck Chris!
- Terri Wolkowski – RN