Rare development opportunity with exceptional flexibility! This cleared 129' x 94' RES-4 zoned parcel offers multiple possibilities-from a custom estate home to duplex, triplex, fourplex, semis or a 5-unit freehold street townhouse development. Concept plans, renderings and supporting reports are available for a proposed townhouse project incorporating additional residential units (ARUs) for up to 12 total dwelling units. Significant due diligence has already been completed, including survey, topographic survey, slope stability report, concept plans and engineering work, saving valuable time and expense. The lot has been cleared, addressing previous woodlot considerations. For developers, civil engineering confirms municipal sewer extension would be required for the townhouse project. For buyers seeking a custom home, the City has advised a single-family residence may proceed with a septic system, eliminating the need for the sewer extension. Building permit drawings and septic design for a custom home are also available. An outstanding opportunity for builders, developers or those looking to create a dream home on a premium lot with extensive planning work already completed.
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