• Vendu
SOLD -  5 acre Redevelopment Site in Pitt Meadows
SOLD -  5 acre Redevelopment Site in Pitt Meadows
5 acre re-development site situated within the growing community of Pitt Meadows. Currently zoned Multi-Family Residential (RM-1), the property is improved with 36 stratified townhouses that were constructed under a Land Use Contract in the early 1970's. Overall, the current site density is extremely low based on the current zoning and Official Community Plan designation that provides for a 0.55 site FAR.

Irregular in shape, the property provides for in excess of 425 feet of frontage onto Hammond Road, and 700 feet along its eastern boundary which fronts single family homes on Wildwood Crescent. The majority of the property is flat, however a prominent ridge is situated along the western boundary, above which are single family homes. Overall the site is extremely private and quiet, and is well oriented for development.

The majority of Pitt Meadows' land base is within the Agricultural Land Reserve, and as such, land for commercial and residential development is extremely limited making a site as large as this very rare, particularly given its existing multi-family zoning and Official Community Plan designation for Medium Density Residential.

Situated only 1 kilometre from the Maple Meadows West Coast Express station, this site is within an easy 1 hour commute to downtown, and is in close proximity to a wide variety of amenities and services, including Osprey Village and the South Bonson Community Centre.

Détails sur la propriété

  • 05/07/2018
  • Sold through the Strata Wind up process with unanimous owner approval