Description

Amazing value! Designated Multi-Unit Attached in the Mission OCP - this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two large developments in the immediate area by reputable developers. The site is improved with a 4 bed 3 bath 1988 sqft home & seperate garden suite all in a great setting. Water/Drainage infrastructure already exists along Bannister & Dewdney Trunk Rd w/ sewer connections coming from developments to the north. (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 18-20 townhomes on this site. Also see R2919187 & R2923198 on Bannister & 8563 Bannister Exclusive Listing. Call for a full information brochure!

Taxes (2024): $5,240.23

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