21
3708 25TH Avenue
$699,999 Sale
Listed 59 days ago
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Key Facts
Key facts for 3708 25TH Avenue
Property Type
Other, Other
Parking
Garage: No, 0 parking
MLS #
10338341
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
A rare and exciting development opportunity in a prime location! This lot offers incredible potential with zoning recently upgraded from RM1 (Row Housing Residential) to MUM (Multi-Unit: Medium Scale), allowing for greater density and up to 15 meters in height. Previously, preliminary plans were in ...place for a 3-storey, 6-unit row townhouse project, each offering 2,200 square feet, including a garage. With the new zoning, a condo building with ground-floor parking could now be considered, offering even more possibilities for future development. The Development Permit (DP) and Development Variance Permit (DVP) have expired, so a buyer will need to conduct due diligence with the City of Vernon to develop their own concept, but this is a fantastic investment opportunity with immense potential. Don’t miss out on the chance to develop in this rapidly evolving area. (Photos of the original townhouse concept provided for reference.) (id:10452)
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Listing courtesy of: Coldwell Banker Executives Realty
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