About This Property
EXCEPTIONAL DEVELOPMENT OPPORTUNITY! This prime C1-zoned property in the heart of the Woodsdale neighbourhood comes with an approved Development Permit for a modern three-storey, mixed-use building - zoning permits short-term rentals. Featuring two commercial units on the ground floor and 18 one-bedroom-plus-den residential units with balconies, this project is designed for contemporary living and vibrant community engagement. With a rooftop patio, covered parking, and a thoughtfully crafted landscape plan, this site is ready for development in a thriving, fully serviced semi-lakeshore area near Wood Lake, Highway 97, and the Town Centre. Ideal for investors or developers looking to capitalize on Lake Country’s growing mixed-use commercial landscape! Buyers to do their own due diligence. (id:64973)
The $1,199,998 price tag for this 0.35-acre development opportunity in Lake Country's Woodsdale neighbourhood reflects a premium of over $3,400 per buildable square foot, which is significantly higher than the local market average. However, the approved mixed-use development permit and flexibility for short-term rentals could make this an attractive investment for experienced developers seeking to capitalize on the area's growing tourism and residential demand.
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