Central Air Conditioning
See Remarks
Landscaped, Level
$925,000
Unlock a prime development opportunity in the heart of Lake Country's Town Centre! This property has C1 zoning, aligning with the Official Community Plan's vision for mixed-use residential development. Planning officials have indicated that rezoning applications are discouraged, affirming the current zoning's strategic value. Development Highlights: Zoning Alignment: C1 zoning is in place, supporting mixed-use residential projects in line with the OCP. Incentive Potential: Potential qualification for Main Street tax and usage (density) incentives. Rental Tax Exemption: Possible eligibility for the Lake Country rental tax exemption bylaw, offering a 10-year property tax reduction for purpose-built rentals with a 10-year covenant. Town Centre Location: Situated within the Town Centre, requiring adherence to future form and character requirements during development application. Diverse Usage: Nearly 50 approved usages under the current zoning. Preferred Development: The planner suggests a mixed-use approach with grade-level service and amenity commercial units, topped with residential space. Development Capacity: Potential for a 6-story or 22m development as mixed-use commercial, contingent on meeting density bonuses and supported by the Town Centre designation. This is a chance to invest in a property with substantial development potential and attractive local incentives. Contact us today to explore the possibilities and take the first step towards your next successful project (id:63476)
Property Details
|
MLS® Number |
10372864 |
|
Property Type |
Other |
|
Neigbourhood |
Lake Country East / Oyama |
|
Amenities Near By |
Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area |
|
Community Features |
Family Oriented |
|
Features |
Level Lot |
|
Parking Space Total |
7 |
Building
|
Cooling Type |
Central Air Conditioning |
|
Heating Type |
See Remarks |
|
Roof Material |
Asphalt Shingle |
|
Roof Style |
Unknown |
|
Type |
Residential Commercial Mix |
|
Utility Water |
Municipal Water |
Parking
|
Additional Parking | |
|
Attached Garage |
5 |
Land
|
Access Type |
Easy Access |
|
Acreage |
No |
|
Current Use |
Mixed Use |
|
Fence Type |
Fence |
|
Land Amenities |
Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area |
|
Landscape Features |
Landscaped, Level |
|
Sewer |
Municipal Sewage System |
|
Size Frontage |
70 Ft |
|
Size Irregular |
0.21 |
|
Size Total |
0.21 Ac|under 1 Acre |
|
Size Total Text |
0.21 Ac|under 1 Acre |