About This Property
Price includes Building Permit Drawings! Development permit approved for 20 townhomes, this property is best suited for a builder or developer looking to take advantage of an opportunity to build market townhomes for sale or for rental in the ""missing middle"". With a prime location along Parkcrest Avenue, this property is situated close to elementary and high schools, on a bus route and only a short drive to city parks. Development Permit drawings available for a 5 phase, 20 unit townhome development consisting of approximately 28000sqft of gross building with a mix of 4 one bedroom, 9 two bedroom and 7 three bedroom plans. Currently, the property consists of two homes slated for demolition on a total of 28,314sqft (0.65 acres). Dimensions of the lot are 164x185. City water, city sewer, hydro, natural gas, phone and internet available at the property. Phase 1 ESA, Development Permit, Geotech, Hazmat, drawings available to qualified purchasers. (id:64973)
The $1,990,000 price tag for this 20-unit townhome development in Kamloops translates to a competitive $99,500 per unit, considering the approved development permit and prime location near schools and public transit. This property presents an attractive opportunity for both builders and investors seeking to capitalize on the city's growing demand for "missing middle" housing options.
Property Details
Location
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