Wednesday, 11 December 2013

Three's Company



A great place to start your development journey.

Positioned on the topographical ridge of beautiful White Rock, the subject site of 19,073 SF is adjacent to the commercial area at 140th Street. There is a bus stop at the front door and an established mixed use retail and residential unit adjacent.

There are a number of options for development. Currently, a development proposal has reached third reading which will allow the subdivision of the two lots into three RS-4 lots to allow the construction of three well sized single family houses. Each of the three lots would 6,350 SF, with a lot coverage of 5% and FAR of 0.5. Legal suites would be permissible in each home.

For the more seasoned developer, the site may also be an excellent holding property for rezoning to a mixed use development with commercial retail units on the ground floor and residential apartments over.

Beautiful White Rock water just a few minutes away



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