This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:51786)

• Property Details

  MLS® Number	10332171
  Property Type	Single Family
  Neigbourhood	North Glenmore
  Parking Space Total	5

• Building

  Bathroom Total	1
  Bedrooms Total	3
  Constructed Date	1972
  Construction Style Attachment	Detached
  Cooling Type	See Remarks
  Heating Type	Other
  Stories Total	1
  Size Interior	1260 Sqft
  Type	House
  Utility Water	Municipal Water

  Detached Garage

  0

• Land

  Acreage	No
  Sewer	Municipal Sewage System
  Size Irregular	0.39
  Size Total	0.39 Ac|under 1 Acre
  Size Total Text	0.39 Ac|under 1 Acre
  Zoning Type	Unknown

• Rooms

  Level	Type	Length	Width	Dimensions
  Main Level	Workshop			16' x 32'
  Main Level	Bedroom			8' x 9'
  Main Level	Primary Bedroom			9' x 13'
  Main Level	Dining Room			11' x 12'
  Main Level	Foyer			4' x 10'
  Main Level	Full Bathroom			Measurements not available
  Main Level	Bedroom			9' x 9'
  Main Level	Kitchen			9' x 19'
  Main Level	Living Room			12' x 19'

• Utilities