This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-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 157 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 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/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	10332173
  Property Type	Single Family
  Neigbourhood	North Glenmore
  Amenities Near By	Schools
  Features	Irregular Lot Size
  Parking Space Total	8

• Building

  Bathroom Total	3
  Bedrooms Total	5
  Appliances	Refrigerator, Dryer, Range - Electric, Washer
  Basement Type	Full
  Constructed Date	1972
  Construction Style Attachment	Detached
  Cooling Type	Wall Unit
  Exterior Finish	Stucco, Wood Siding
  Flooring Type	Laminate
  Heating Type	Forced Air, See Remarks
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	2
  Size Interior	2864 Sqft
  Type	House
  Utility Water	Municipal Water

  See Remarks
  Attached Garage	1

• Land

  Acreage	No
  Land Amenities	Schools
  Sewer	Municipal Sewage System
  Size Frontage	120 Ft
  Size Irregular	0.38
  Size Total	0.38 Ac|under 1 Acre
  Size Total Text	0.38 Ac|under 1 Acre
  Zoning Type	Unknown

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	3pc Bathroom			8'0'' x 8'0''
  Second Level	Bedroom			12'0'' x 8'0''
  Second Level	Bedroom			12'0'' x 10'0''
  Second Level	Kitchen			9'0'' x 8'6''
  Second Level	Dining Room			8'0'' x 8'0''
  Second Level	Living Room			13'0'' x 12'0''
  Basement	3pc Bathroom			7'0'' x 5'0''
  Basement	Laundry Room			12'0'' x 9'0''
  Basement	Den			11'0'' x 8'0''
  Basement	Bedroom			13'0'' x 12'0''
  Basement	Recreation Room			16'0'' x 14'0''
  Main Level	4pc Bathroom			10'0'' x 5'0''
  Main Level	Bedroom			11'0'' x 11'0''
  Main Level	Primary Bedroom			13'0'' x 10'0''
  Main Level	Kitchen			13'0'' x 11'4''
  Main Level	Dining Room			12'0'' x 9'0''
  Main Level	Living Room			16'0'' x 12'6''

• Utilities