Presenting a prime development opportunity comprising 50 thoughtfully designed townhomes with one level of underground parking. The site boasts a 1.5 FAR (Floor Area Ratio) and a total net sellable area of 68,535 square feet. Having successfully passed third reading, the site is fully development permit-ready. While all necessary servicing agreements have been negotiated, they await final execution. This offering also includes the potential for a higher-density development, with the ability to achieve a 2.5 FAR by incorporating rental housing or a care home facility. With a short lead time required to launch sales and commence construction, this site represents a rare and highly attractive opportunity for developers.
Data was last updated April 3, 2025 at 07:40 PM (UTC)
Area Statistics
Listings on market:
379
Avg list price:
$1,189,900
Min list price:
$365,000
Max list price:
$12,500,000
Avg days on market:
45
Min days on market:
1
Max days on market:
295
Avg price per sq.ft.:
$753.39
These statistics are generated based on the current listing's property type
and located in
White Rock. Average values are
derived using median calculations.