Attention Developers and Investors! This 12,000 sqft lot is connected to city sewer and water, Zoned for low rise multi-unit residential buildings of 3-6 storeys with a 1.4 - 2.1 FAR. Potential for a Seniors' Care Facility. Buyer must verify all information. This rare find is located on a quiet street with lots of character. The beautiful rancher features hardwood floors, updated windows, a loft, and a basement. The 80x150 lot boasts a large south exposed yard with a $15,000 outdoor living area, 1000 sf patio, and a 16x16 pavilion. Additionally, there is a 700 sf workshop on the property. There are no creeks or easements on the lot. Conveniently located within walking distance to shopping, restaurants, doctors, schools, parks, Newlands Golf & Country Club, and natural trails.