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Executive Summary
194 & 206 House street features a 3, 800 sq ft cinderblock building on a 3. 5 acre site that is in close proximity to RT2 exits and is served by city water/sewer. For 50 years the location has operated as a daycare facility. Current zoning allows for for a Daycare, Church, and School. Location is also ideal for an 830g housing, several multi family homes and other uses. Parcel abuts an apartment building, several multi family homes, and an affordable housing development. Located close to the center of town. 1. 3 Lot Subdivision (6 total units). 3 lot subdivision with 1 frontage lot and 2 rear lots No road would be required Could then apply for duplexes for each lot, which are permitted by special permit in the Res A Zone Inclusionary zoning does not apply in the Res A Zone, no affordable units are required. 2. 6 Lot Subdivision (12 total units). Construct a private (or public) road and cul-de-sac along the south side of the lot. Subdivide it into 6 (or so) lots; an engineer needs to confirm. Could then apply for duplexes for each lot, which are permitted by special permit in the Res A Zone Could be a common interest ownership community Inclusionary zoning does not apply in the Res A Zone, no affordable units are required. 3. Affordable Housing PAD (12 +/- units with 20% affordable units) Zone Change from Res A to PAD and concurrent final development plan approval Maximum density is 6 units per buildable acre. It could be an apartment building, townhomes, or condos. 20% of the units must be affordable at 80% AMI, in perpetuity
Property Facts
1 Lot Available
Lot
| Price | $1,671,084 CAD | Lot Size | 3.50 AC |
| Price Per AC | $477,452.58 CAD |
| Price | $1,671,084 CAD |
| Price Per AC | $477,452.58 CAD |
| Lot Size | 3.50 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $233,116 CAD | |
| Land Assessment | $665,509 CAD | Total Assessment | $898,625 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$665,509 CAD
Improvements Assessment
$233,116 CAD
Total Assessment
$898,625 CAD
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206 House St
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