Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50’ x 120’ lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY. (id:2493)
Data was last updated September 10, 2025 at 07:19 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$2,200,000
Min list price:
$109,900
Max list price:
$9,999,000
Avg days on market:
295
Min days on market:
6
Max days on market:
462
Avg price per sq.ft.:
$284.96
These statistics are generated based on the current listing's property type
and located in
Merritt. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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