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Investment Highlights
- High density multifamily zoning up to 6.5 FAR
- Opportunity Zone
- Transit Priority Area
- Existing Building 9,936 SF, plus storage yard.
Executive Summary
Development Site with Complete Communities high density multifamily zoning with up to a 6.5 FAR, Transit Priority Area, and Opportunity Zone. Owner occupied, but can be delivered vacant. Existing 9,936 SF building used as storage, plus storage yard. Contact listing agent for Offering Memorandum.
Property Facts
| Price | $3,052,434 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.46 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | CN-1-4 - Zoned Commercial Neighborhood with overlay zones including Complete Communities multifamily 6.5 FAR, Transit Priority Area, Opportunity Zone. | ||
| Price | $3,052,434 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.46 AC |
| Opportunity Zone |
Yes |
| Zoning | CN-1-4 - Zoned Commercial Neighborhood with overlay zones including Complete Communities multifamily 6.5 FAR, Transit Priority Area, Opportunity Zone. |
1 Lot Available
Lot
| Price | $3,052,434 CAD | Lot Size | 0.46 AC |
| Price Per AC | $6,635,726.12 CAD |
| Price | $3,052,434 CAD |
| Price Per AC | $6,635,726.12 CAD |
| Lot Size | 0.46 AC |
Parcel at the corner of Commercial St and 29th St. Access on three sides. Trolley line in front.
Description
Development Site with Complete Communities high density multifamily zoning with up to a 6.5 FAR, Transit Priority Area, and Opportunity Zone. Parcel at the corner of Commercial St and 29th St. Access on three sides. Trolley line in front. Existing 9,936 SF building used as storage, plus storage yard.
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $986,875 CAD | |
| Land Assessment | $2,333,663 CAD | Total Assessment | $3,320,538 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,333,663 CAD
Improvements Assessment
$986,875 CAD
Total Assessment
$3,320,538 CAD
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2866 Commercial St
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