C$5,880,000

Opportunity knocking! Excellent Development site located in very mature neighborhood - Forest Height. Just approval by city to RM h23 new zoning. It will allow up to 6 story with no limit to density and No requirement parking stall required. Perfect for high demand rental project. As per current market there are very limit large infill land available in the city. The best use of this land will be consider 6 storey wood construction with one level of underground heated parking. Total 200-230 units. Asking $5,688,000.00 (below Appraisal value) for quick sale.Other Property Types: Commercial LandOwnership Interest: Co-OperativeSite Services: Cable,Curb; Gutter,Electricity,Fully Serviced,Garbage Collection,Natural Gas,Paved Streets,Sanitary Sewer,Sewer - Storm,Sidewalk,Sanitary Sewer Lot LineTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Jason YeungAppointment Phone: 780-908-6886Paragon Listing ID: E4446005 (id:41202)