See Remarks
$925,000
Unlock a prime development opportunity in the heart of Lake Country's Town Centre! This property has C1 zoning, aligning with the Official Community Plan's vision for mixed-use residential development. Planning officials have indicated that rezoning applications are discouraged, affirming the current zoning's strategic value. Development Highlights: Zoning Alignment: C1 zoning is in place, supporting mixed-use residential projects in line with the OCP. Incentive Potential: Potential qualification for Main Street tax and usage (density) incentives. Rental Tax Exemption: Possible eligibility for the Lake Country rental tax exemption bylaw, offering a 10-year property tax reduction for purpose-built rentals with a 10-year covenant. Town Centre Location: Situated within the Town Centre, requiring adherence to future form and character requirements during development application. Diverse Usage: Nearly 50 approved usages under the current zoning. Preferred Development: The planner suggests a mixed-use approach with grade-level service and amenity commercial units, topped with residential space. Development Capacity: Potential for a 6-story or 22m development as mixed-use commercial, contingent on meeting density bonuses and supported by the Town Centre designation. This is a chance to invest in a property with substantial development potential and attractive local incentives. Contact us today to explore the possibilities and take the first step towards your next successful project (id:60329)
Property Details
MLS® Number
|
10352777 |
Property Type
|
Other |
Neigbourhood
|
Lake Country South West |
Amenities Near By
|
Shopping |
Community Features
|
High Traffic Area |
Parking Space Total
|
1 |
Building
Exterior Finish
|
Vinyl Siding |
Heating Type
|
See Remarks |
Roof Material
|
Asphalt Shingle |
Roof Style
|
Unknown |
Type
|
Residential Commercial Mix |
Utility Water
|
Municipal Water |
Parking
Land
Access Type
|
Highway Access |
Acreage
|
No |
Current Use
|
Mixed Use |
Fence Type
|
Fence |
Land Amenities
|
Shopping |
Size Frontage
|
70 Ft |
Size Irregular
|
0.21 |
Size Total
|
0.21 Ac|under 1 Acre |
Size Total Text
|
0.21 Ac|under 1 Acre |
Zoning Type
|
Unknown |
https://www.realtor.ca/real-estate/28489778/3183-beaver-lake-road-lake-country-lake-country-south-west