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2547 Empire St, Victoria | $849,000

DEVELOPMENT OPPORTUNITY | 2547 EMPIRE STREET, VICTORIA Builders and developers: Explore the potential of this 6,250 sq. ft. corner lot at Empire and Haultain Streets. Zoned GRD-1, the property offers potential for a three-storey, four-unit townhouse development, with secondary suites worth exploring, subject to City approval. The zoning framework provides for up to 1.6 FSR for qualifying developments allowing upto 10,000 sqft of buildable , subject to applicable regulations. Located in an established Victoria neighbourhood close to parks, schools, shopping and everyday amenities, this is an opportunity to assess a ground-oriented infill project in an established residential area. Allow time for proper due diligence: An extended subject period to obtain demolition assessments and quotes, preliminary architectural drawings, site planning, construction estimates and municipal consultation regarding permits and approvals. The existing house is offered as-is, where-is, and is not available for viewing. Land value opportunity. Contact Chris Troke for further information and to discuss the development potential.250-886-5540

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Description

DEVELOPMENT OPPORTUNITY | 2547 EMPIRE STREET, VICTORIA Builders and developers: Explore the potential of this 6,250 sq. ft. corner lot at Empire and Haultain Streets. Zoned GRD-1, the property offers potential for a three-storey, four-unit townhouse development, with secondary suites worth exploring, subject to City approval. The zoning framework provides for up to 1.6 FSR for qualifying developments allowing upto 10,000 sqft of buildable , subject to applicable regulations. Located in an established Victoria neighbourhood close to parks, schools, shopping and everyday amenities, this is an opportunity to assess a ground-oriented infill project in an established residential area. Allow time for proper due diligence: An extended subject period to obtain demolition assessments and quotes, preliminary architectural drawings, site planning, construction estimates and municipal consultation regarding permits and approvals. The existing house is offered as-is, where-is, and is not available for viewing. Land value opportunity. Contact Chris Troke for further information and to discuss the development potential.250-886-5540

General Info

MLS Listing ID: 1050136 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: Forced air Lotsize: 6250 sqft Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .