Price: $4, 800, 000
Site area is 28, 400. 00 sqft, a total of 52 units, construction type is wood frame. You can build 5 storey appartment, there are 80 parking spots, parking ratio is 1. 54; base floor space ratio is 2. 5 FSR. Buildable-residential area is 52, 421. 00 sqft, 85% efficency. Sellable-residential which is net buildable area is 44, 550. 00 sqft. Current sellable price per sqft is $575. 00 and estimate time to complete is 1. 5 years. The estimate revenu is $25, 616, 250 (44, 550 sqft@$575), with total develpment costs $18, 280, 599; the estimate profit would be $7, 335, 651! The site has been rezoned and the DP building permit could be obtained in only serveral months! For more information, please call 778-833-1688!
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association (CREA). The listing content on this website is owned
of use constitute a binding contract between the user, the brokerage/salesperson, and CREA.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals.
Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use,
"screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or
displayed on this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to
The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide
by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate
services provided by members of CREA.
The listing information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible
for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness