- For Sale $4,800,000
- Property Type Multi-Family
- Property Size 14,117 SF
- Units 18
- Lot Size 0.32 Acre
- Zoning CD-766
- Parking Spaces Avail. 240
- Parking Ratio 17.00 / 1,000 SF
- Date Updated Oct 1, 2026
Description
FULLY APPROVED 18-HOME DEVELOPMENT
Planning and permit approvals in place under existing
CD-766 zoning
DEVELOPMENT & CAPITAL PARTNERSHIP
Ownership is seeking a development or capital
partner to advance the project
IMMEDIATE EXECUTION POTENTIAL
Significant entitlement, design, engineering and
municipal work already completed
ADVANCED PERMITTING
Demolition and tree removal permits secured;
building permit pending final revisions
FLEXIBLE DEVELOPMENT STRATEGY
Proceed with the approved scheme, explore valueengineering opportunities, or consider an alternative
redevelopment concept through a new rezoning. (See
page 4 for alternative development concepts)
PREMIER CENTRAL LONSDALE LOCATION
Convenient access to shopping, dining, recreation,
transit and North Shore amenities
OUTRIGHT ACQUISITION OPTION
Ownership will also consider proposals for an outright
acquisition of the Property
False