Cranbrook, British Columbia V1C3A5
$569,900
MLS® 10396145
Vacant Land
Type
1 acres
Lot Size
Zoned R-6 and set on a spacious 0.55-acre parcel, this property presents an exceptional development opportunity in a highly convenient Cranbrook location. The City of Cranbrook has approved a 24-unit residential complex for the site, and the property can be sold with the approved MUDP (Multi-Unit Development Permit), providing a significant advantage for developers looking to move forward with an established development plan. The level, easily accessible site backs directly onto Laurie Middle School and offers an ideal setting for multi-family residential development. The approved 24-unit project provides a strong foundation for a purpose-built rental, investment, or residential development opportunity. Located close to schools, public transit, shopping, services, and everyday amenities, the property combines excellent location fundamentals with beautiful surrounding mountain views. Whether proceeding with the approved development or exploring future opportunities within the R-6 zoning, this property offers flexibility, convenience, and significant long-term potential in the heart of Cranbrook. A rare opportunity to acquire development-ready land with an approved 24-unit complex and the option to purchase with the City-approved MUDP. (id:65701)
Listed by
Real Broker B.C. Ltd
Interior REALTORS®
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB), the Chilliwack and District Real Estate Board (CADREB), and other Canadian REALTOR® associations. The information contained on this site is provided for the consumer's personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed to be accurate. Listings courtesy of their respective brokerages.
