Property Information:

Prime Multifamily Development Opportunity! This spacious R8-zoned corner lot is perfect for building a four-plex. The property features a charming and artistic 1905 character home with 3 bedrooms, 2 baths, and a 1-bedroom suite, providing rental income while planning your project. Conveniently located near Departure Bay ferry terminal, shopping, schools, parks, bus routes, and major highways, it offers unmatched accessibility for future residents. With two water connections already in place, development is more straightforward. Featuring mature fruit trees and an established salon business currently operating on the property, both the salon and lower suite are owner-occupied but can be rented out by the new owner. Whether you’re looking to develop, invest, or both, this versatile property offers endless possibilities. Sold as-is, this property is ideal for developers or investors ready to maximize its potential. All measurements are approximate; buyers to verify if important.