C$2,200,000

2.2 acres of development land located on Bridge W immediately west of the new YMCA under construction. Upgrading of water and sewer by the City in this area in 27 provides the opportunity for development. Currently zoned R-2-H2 allows residential development currently in the RD zoning with a number of requirements by the developer to satisfy the city in order to remove the Holding zone. These requirements primarily are with regard to services. In documents is the survey and a two potential development examples you are restricted to this. The zoning does allow a 4 or 5 storey building depending on the construction style to do multi residential.