5,950 ft2
$3,100,000
RARE OPPORTUNITY to acquire an expansive 198' wide x 132' deep LAND PARCEL in the heart of the highly desirable Ritchie neighbourhood—celebrated for its vibrant community, walkability to Whyte Avenue, Mill Creek & Downtown. The property spans 2 parcels; One includes a former church (~2,500 sq. ft. per floor over 2 floors, complete with elevator & full commercial-style kitchen); The other a livable home onsite ideal for staff accommodations, rental income, or future redevelopment. Zoned to permit childcare use & suited for religious assembly, community services, or other institutional uses. The site also offers redevelopment potential; a 34-unit (17-townhouse) concept plan by Gardner Architecture. Multiple exit strategies exist—activate immediately as a turnkey facility, lease for stable holding income, or land bank for long-term appreciation. Strong area demographics, high demand & rare assembly width, make this a once-in-a-decade chance to secure a premier site in one of the most sought-after communities (id:60626)
Property Details
MLS® Number
|
E4453167 |
Property Type
|
Vacant Land |
Neigbourhood
|
Ritchie |
Amenities Near By
|
Playground, Schools |
Features
|
Flat Site, Subdividable Lot, Lane |
Building
Ceiling Type
|
Vaulted |
Constructed Date
|
1954 |
Size Interior
|
5,950 Ft2 |
Land
Acreage
|
No |
Land Amenities
|
Playground, Schools |
Size Irregular
|
26136 |
Size Total
|
26136 Sqft |
Size Total Text
|
26136 Sqft |