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5350 MOUNTAIN VISTA Drive
Terrace - City
Terrace
V8G 4X5
$3,950,000
Land Commercial
- Status:
- Active
- Prop. Type:
- Land Commercial
- MLS® Num:
- C8052293
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This 25 acre level site, which was once a golf course, has full services at the south west corner of the site. The property is located on the "bench" area of the city and is bordered by new residential development to the East and more established residential development to the South. The Northwest Community College borders the property to the North and is in need of student housing. The proposed subdivision plan includes four R5 zoned lots that border the College lands. The City of Terrace is under built for multifamily accommodation and there appears to be support by the City to correct this situation. The current zoning is R2 for Semi Detached & Single Detached Dwellings and R5 for High Density Multi-Family.
- Sale Type:
- Asset
- Lot Area:
- 25 acre(s)10.12 hectare(s)
- Acres Freehold:
- 25 acre(s)10.117 hectare(s)
- Land Use/Zoning:
- R2/R5
- Permitted Use:
- Multifamily (5+), Residential
- Taxes:
- $11,571.32 / 2023
- Services Connected:
- Cable at Lot Line, Electricity at Lot Line, Sanitary sewer at Lot Line, Storm Sewer at Lot Line, City Water at Lot Line
- Water Supply:
- Municipal
- Sewer Septic:
- See Remarks
- Original Price:
- $3,950,000
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Listed by MACDONALD COMMERCIAL R.E.SERV.
Data was last updated September 28, 2023 at 10:10 AM (UTC)
- Bruce Long CCIM, FRI, PREC
- MACDONALD COMMERCIAL R.E.SERV.
- 1 (604) 3122000
- Contact by Email
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