Property Description

RM-3 zoning in presents an exceptional opportunity for high-density residential development, allowing for a base floor space ratio (FSR) of 1.2 times the lot area, with potential for a minimum of 5 storeys & up to 12 storeys. This flexible zoning is ideal for developers looking to create vibrant, community-focused apartment or townhouse projects that maximize both space & value. The property offers great potential for rezoning, providing an opportunity to increase density & unlock even greater value for a high-impact development. This area is an up-and-coming community with rapid growth & a thriving local economy, making it an excellent location for investment. With its proximity to Vancouver & stunning natural surroundings, the region offers tremendous potential for developers. (id:7434)