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328 Glenmore Road
Offered at: $1,999,700
MLS®: 10323631
Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential with mixed MF3 & MF1 zoning, contingent on a three lot subdivision. Current zoning rights and preliminary discussions with the city and a planning consultant indicate the potential to subdivide into two MF1 lots, each allowing for two six-plex buildings, and one MF3 lot with a higher-density apartment (1.3 – 1.8 FAR), yielding 20,000 buildable sqft. Note, the city does not support rezoning the full lot to MF3. Additionally, a road dedication to connect McTavish Rd through the property is required to facilitate subdivision. This prime location provides a unique opportunity for developers to maximize their investment in a growing area. (id:6769)
Quick Stats
Key Home Data
3
BATH(S)
5
BED(S)
2577
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family Home Ownership:
Freehold
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