DESCRIPTION
IPG is pleased to present this rental-purposed project named the "Elveden." The site currently has a development permit for 30,000 sq.ft. and over 4 storeys of mixed used development. With this, the "Elveden" would consist of 26 elegant units ranging from 1 to 3 bedroom rental homes. Furthermore, it could contain commercial units ranging from 631 - 2962 sq.ft. Of note, there has been a recent increase in density of 2.0 FSR. Thus, you can now build over 47,000 sq.ft. which should allow for an additional 10-14 units over 5 stories. With being located only a few minutes away from Kwantlen College and its development potential, this is an incredible investment opportunity! Let your development vision become reality with this unique rental-purposed site.
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AT A GLANCE
| MLS® # |
R2693623 |
| Subarea |
West Newton |
| Beds |
0 |
| Size |
|
| Lot Size |
7,860 SqFt. |
| Lot Dimensions |
60.00 × 131 |
| Taxes |
$3,272.98 in 2021 |
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LISTING BROKERAGE
RE/MAX Commercial Advantage
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DISCLAIMER
Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.