Prime 5-Lot Development Opportunity in Albion -2 houses 2 titles = 5 residential lots with PLR letter in hand and servicing estimates available. Located in a Medium Density Residential area per the Albion Area Plan, these lots are ideal for single detached homes. Zoned RS-3 with a PLR to rezone to R-3 Urban Residential, allowing for 5 single-family lots. Secure two investment homes or begin building ASAP- All the heavy lifting is done. Secure these prime lots and capitalize on a growing area with strong development potential.More details
INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.More details