Listing Details

Description

Introducing a four parcel land Assembly and development opportunity consisting of 3 properties on Burnside Road East and 1 on Washington Ave which are all inclusive of a Family Estate. The City of Victoria is undergoing a major update to the Official Community Plan and it's associated development potential in much of the city, and is in much favor and support for higher density development in the Burnside area. The City council will be returning to move this motion forward in April for final direction to finalize the new draft of the OCP at the end of August. These updates are in part to comply with New Provincial mandates and legislation to create more housing in the Victoria area, and the timing could not be better for developers! Given the direction and timeline of the new OCP which helps make this development opportunity one to consider for newer higher density housing. Please call today for all information regarding this exciting and lucrative opportunity.

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