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8140 LUCAS ROAD, Richmond | $2,399,000

** INVESTOR ALERT ** Upstairs 4-bedroom can rent +/- $2700 plus downstairs 1-bed w separate entrance can rent +/- $1300. Build up to a 7,000 square ft mansion or build up to 6 individual units on this massive 17,000 SF LOT. Each one with its own PID#. Zoning is RSM/L (Small-Scale Multi-Unit Housing) permits construction of 3 to 6 dwelling units. Allows property owners to build multiplexes, row homes, or detached suites up to 2.5 storeys (max 9 to 10m / 30 to 33ft tall). FULL DETAILS such as development rules, density, yards, setbacks, lot coverage, floor area ratio, parking, landscaping, permitted height and lot coverage are available upon request and are also attached to this listing. 3 BUILDING EXAMPLES are included in the PDF files provided.

Description

** INVESTOR ALERT ** Upstairs 4-bedroom can rent +/- $2700 plus downstairs 1-bed w separate entrance can rent +/- $1300. Build up to a 7,000 square ft mansion or build up to 6 individual units on this massive 17,000 SF LOT. Each one with its own PID#. Zoning is RSM/L (Small-Scale Multi-Unit Housing) permits construction of 3 to 6 dwelling units. Allows property owners to build multiplexes, row homes, or detached suites up to 2.5 storeys (max 9 to 10m / 30 to 33ft tall). FULL DETAILS such as development rules, density, yards, setbacks, lot coverage, floor area ratio, parking, landscaping, permitted height and lot coverage are available upon request and are also attached to this listing. 3 BUILDING EXAMPLES are included in the PDF files provided.

General Info


MLS Listing ID: R3153024 Bedrooms: 5 Bathrooms: 3 Year Built: 1956
Parking: Garage Heating: Forced air Lotsize: 17021 sqft Air Conditioning : N/A
Home Style: Storage Shed Finished Floor Area: N/A Fireplaces: Security system, Smoke Detectors Basement: N/A

Amenities/Features


  • Central location

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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 .