An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
2,282 sq. ft.212 m2
Taxes:
$3,192.11 /
-
Community:
Westbank Centre
Exterior Features:
Stucco, Vinyl siding
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Oven - gas, Dryer
Bedrooms:
4
Bathrooms:
2.0
Half Bathrooms:
1
Roof:
Asphalt shingle, Unknown
Fireplace:
Yes
Fireplaces:
1
Fireplace Type:
Wood, Conventional
Floor finish:
Concrete, Tile, Laminate, Carpeted, Linoleum
Foundation:
Block
Heating:
Baseboard heaters, Stove, Forced air, See remarks, Wood
Data was last updated January 23, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
195
Avg list price:
$829,000
Min list price:
$72,500
Max list price:
$3,495,000
Avg days on market:
97
Min days on market:
0
Max days on market:
508
Avg price per sq.ft.:
$270.74
These statistics are generated based on the current listing's property type
and located in
Westbank Centre. Average values are
derived using median calculations. This data is not produced by the MLS® system.
