Commercial Land for sale
1 3705 Cory Drive, Terrace - City, Terrace
$1,050,000
Features
Lot Size
74,923 sqft
Gross Property Tax
$3,016.24 /year
Zoning
R3
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
Located in the most desirable part of Terrace - The Bench, this 1.72-acre parcel offers mountain views and is flat, graded, and build-ready with sandy, well-draining soil. Approved for 21 townhomes including 4 duplexes, 3 triplexes and 2 fourplexes, with a Development Permit in place. Units range from 1,425 to 1,560 sq ft per unit. Services are available at lot line with electricity, water, gas, sewer, fiber optic and storm drainage. Includes blueprints, a filed Disclosure Statement, developer disclosure statement and a Strata Plan ready for registration. At this price per lot, this is an exceptional value for developers in a growing market with high demand for housing. Walking distance to Ecole Mountainview and Coast Mountain College. 5 Min driving to the new Mills Memorial Hospital, Save-on- Foods and Walmart.
MLS® Number C8072813