Prime redevelopment opportunity in a rapidly growing area. Development Application in place for a proposed 90-unit condominium project with City requirements addressed. Creek setbacks approved by Fisheries and Oceans Canada and supported by a QEP and Geotechnical consultant. Highly efficient design with approx. 84% saleable area (54,650/65,037 sqft) maximizing buildable yield while maintaining cost efficiency. Transit-oriented location allows for reduced parking requirements, further enhancing density and overall project viability. Centrally located with strong future growth potential. Low-cost, high-upside investment—build & sell, build & hold, or generate strong long-term rental income and cash flow. Call today! Must be sold in conjunction with neighbouring property at 20049 56 Avenue.
Medallion International Realty Ltd.
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