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5015 McConnell ave 2.41 Acres of Commercial Land Offered at $1,700,000 CAD in Terrace, BC V8G 4W9
Investment Highlights
- Located on the bench in Terrace with excellent elevation
- Close to essential services and community amenities
- Southern property line offers panoramic city and mountain views.
- Walking distance to Uplands School and Coast Mountains College
- Strong potential for a premium multifamily development
Executive Summary
Exceptionally located development property. R3 zoning allows up to 32 units on this land with those situation along the Southern Property line being afforded a spectacular view of the City and Mountains to the South. Located on the bench in Terrace within walking distance of Uplands School and Coast Mountains College this location is ideal for your premium development.
Property Facts
| Price | $1,700,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 2.41 AC |
| Zoning | R3 - Redevelopment | ||
| Price | $1,700,000 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.41 AC |
| Zoning | R3 - Redevelopment |
1 Lot Available
Lot LOT A
| Price | $1,700,000 CAD | Lot Size | 2.41 AC |
| Price Per AC | $705,394.19 CAD |
| Price | $1,700,000 CAD |
| Price Per AC | $705,394.19 CAD |
| Lot Size | 2.41 AC |
2.41 acre lot for sale.
Description
The property is located in Terrace, British Columbia, within walking distance of Uplands School and Coast Mountains College. It is situated on an elevated bench area and is zoned R3, which permits multifamily residential development. The site allows for up to 32 units and offers southern views of the city and surrounding mountain.
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
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5015 McConnell ave
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