Prime RM1 Development Opportunity with Stunning Lake Views
An exceptional development opportunity in a prime central location — this RM1-zoned property spans nearly half an acre and allows for up to 14 multi-family units. Ideally positioned directly across from a public beach and park, it offers unobstructed east-facing lake views that will add significant appeal and value to any future project. Just one block from an elementary school and daycare, this site is perfectly suited for family-oriented rental or strata developments. The existing 3-bedroom home requires some TLC but can be rented for holding income while development plans are underway. With strong fundamentals, a high-demand location, and excellent redevelopment potential, this is a must-see for serious builders and investors.