$1,500,000

About this home

Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50’ x 120’ lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY. (id:65958)

Subtype

Other

Structure

Residential Commercial Mix

Community

Merritt

Common interest

Freehold

Lot size

0.55 acres

Lot dimensions

0.55

On market

Sep 4, 2025

Status changed

Apr 24, 2026

Annual tax

$10,992

Photos

7

MLS#

10361744

Area

MERRITT

Features and systems

Mortgage estimate