12,078 ft²LandContactSale
12,078 ft²
Land
Sale
Marshall MacLeod
NAI Commercial BC
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The opportunity is to development a new Rental or Strata Apartment under the current C2 Zoning. Alternatively, a new Rental Building could be developed under CD-1 Zoning which would provide additional incentives. Zoning - Zoning C-2 (Updated 2022) Under this zoning a 3.5 FSR with a six-storey height is permitted for a Rental Building. Alternatively, a Strata Development would provide a total density of 2.5 FSR which would permit three storeys of Residential with a 2.15 FSR above 0.35 FSR of ground floor commercial. CD-1 Zoning could also be enacted under the Rental 100 Program which would allow a secured Rental Building and a 3.3 Floor Space Ratio (FSR). Additional incentives under this Zoning would be considered.
The Property
Available Space12,078 ft²
ZoningC-2
Frontage99'0"
SourceDirect
Transit Friendly
The Lot
Situated in ideal location between the Mt. Pleasant and Norquay Village Neighbourhoods, 855 Kingsway provides strategic opportunity to develop a new Project on a busy transportation ( Bus route) corridor. New developments are happening in the area reflecting the upcoming revitalization of this neighbourhood.
Property TypeLand
Lot Size12,078 ft²
Up to $500K for British Columbia businesses
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