Not just a House. Not just Land. An Investment with significant Upside. Set on a 16,500 sq. ft. view property in sought-after Upper Lonsdale, this 125x132ft lot includes a completed preliminary subdivision application and an original West Coast Modern Post & Beam home ideally positioned on one side of the lot. The possibilities are numerous: retain and restore the existing home while creating a second lot, sell the lot to help fund the reno, build a multi-generational estate,… subdivide and sell the parcels separately, or develop two luxury residences. The existing home does not need to be demolished to proceed with subdivision, providing valuable flexibility and cost savings. Live in the home, rent it to help offset carrying costs , or take the time to decide the best path.
Listed by Sotheby's International Realty Canada.