Land For Sale • 6.53 AC
Situated on 6.53 acres, 3052 Nancy Greene Highway is fully zoned for a multitude of potential uses and concept designs, including residential zoning up to 35 “equivalent” units (equal to +53 townhomes or +106 apartment units under 500 sqm), in addition to C-2 commercial zoning offering hotel, entertainment, recreation or neighbourhood oriented commercial uses. Concept plans contemplate relocating the C-2 zoning from the existing pub location to the lower portion of the Site through the addition of a hotel, restaurant and/or other commercial uses, as shown to the right, while focusing residential density on the upper portion. Alternatively, the commercially-zoned area may be rezoned for residential use with the potential for an additional +/-4 equivalent units (~6 townhomes or ~13 apartments under 500 sqm. – estimated based on land area density allocation of existing RFA zoning). The existing zoning entitlements eliminate density risks and significantly reduces timing to construction commencement for the benefit of a developer.
| 6.53-acre fully zoned development site on Nancy Greene Highway |
| Zoned for up to 35 “equivalent” residential units |
| C-2 commercial zoning allows hotel, entertainment, or retail uses |
| Concept plan includes hotel/restaurant on lower site, residential above |
| Option to rezone commercial area to add ~4 more equivalent units |
| Existing zoning eliminates density risk and accelerates development timelines |