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  • Vendu
SOLD: 123 Acre Residential Development Opportunity - #1
SOLD: 123 Acre Residential Development Opportunity - #2
SOLD: 123 Acre Residential Development Opportunity - #3
This represents a rare opportunity to buy land on a 99-year pre-paid lease basis with development potential in the highly coveted Tsawwassen neighborhood. Located in an area experiencing economic growth and residential demand with close proximity to the BC Ferries Terminal, Port of Metro Vancouver, and the Point Roberts US border crossing.

The property offers a diverse opportunity to redevelop for single and multifamily homes to accommodate the General Public and local Tsawwassen First Nation members. The property falls within the G1 precinct with in the draft Neighbourhood Area Plan (NAP) of the Tsawwassen Land Use Plan. The subject property encompasses 94% of the total land area of the G1 precinct. There is a provision within the NAP for flexibility in density allocations between single, townhouse and apartment densities.

Currently the properties are unserviced although significant servicing works are currently being implemented so as to provide municipal services (water/sewer) to the property. Through a tri-party agreement between, Delta, BC Ferries and TFN will see sewer upgrades along Hwy 17 which will enable sewer extensions to the site from the south.
  • 09/01/2012
  • SOLD