3708 25 Avenue

Offered at: $599,000

MLS®: 10356415

An exciting development opportunity in a prime location, this .29-acre rectangular lot—measuring 74.88 feet wide by 170 feet deep—offers incredible potential following a recent zoning change to MUM (Multi-Unit: Medium Scale). This new designation allows for greater density and building heights up to 15 meters. Previously, the property had preliminary plans for a 3-storey, 6-unit row townhouse project, with each unit offering 2,200 square feet including a garage. However, with the updated zoning, a 12-unit condo building with ground-floor or underground parking could now be considered, opening the door to even more possibilities. The lot features a modest front-to-back slope, making underground parking a cost-effective strategy while maximizing height potential. This is a rare chance to build in a rapidly evolving neighborhood—photos of the original townhouse concept are available for reference. (id:6769)

Quick Stats

Key Home Data

2
BATH(S)
4
BED(S)
2962 Sq Ft
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family
Home Ownership:
Freehold

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Contact Nicholas T. Parker *PREC
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Office: (250) 462-5464