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41 Acres Over 2 Lots

$ 925,000

50th Street SW,

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Property Id : 29573
Price: $ 925,000
Property Lot Size: 41.27 ac
PID: 004-079-639 | 004-079-612
Assessed Value: 248000
Zoning: RM1 | R1

About this property

This is a rare and exclusive opportunity to purchase over 41 acres of multifamily development land located just south of Highway 97 and steps from the town centre. This is an exciting time as the District of Chetwynd has just passed a new OCP which designates both lots under the Medium Density Residential zone. This zoning is very flexible and is encouraging higher density on the south side of the highway, which would allow for a number of multi-unit developments. In the current zoning, the smaller 6.47 lot would allow for over 60 apartment units.

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