About This Property
This exceptional opportunity in the Terrace Market is ideally located just off the beaten path. The property is level and offers ideal soils for building. R3 zoning allows up to 55 Townhomes. Terrace is the service and supply hub of the Northwest. It is a bedroom community for many who work in Kitimat. The Northwest region is seeing significant industrial activity with the development of the KSM mine, Skeena Gold Project, Haisla LNG, Nass LNG and phase 2 of the Kitimat LNG project all moving along toward their completion goals. Now is the perfect time to get into the market here. Don't hesitate. Also on Residential see MLS# R3108478. (id:64973)
The $1,600,000 price point for this 4.2-acre vacant lot in Terrace seems reasonable given the R3 zoning that allows up to 55 townhomes. With significant industrial activity in the Northwest region, this property could be an attractive development opportunity for builders and investors looking to capitalize on the growing demand for housing in the area. Targeted towards real estate developers and builders, this vacant lot presents a compelling value proposition for constructing a medium-density residential project that could meet the housing needs of the Terrace community, which serves as a key service and supply hub for the region's burgeoning industrial sector.
Property Details
Location
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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
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