C$1,100,000

Exceptional development opportunity in Conception Bay South! This 8.95-acre parcel with 288 feet of road frontage offers significant potential for investors and developers, with approximately 3.92 acres zoned Residential Multiple Unit (RMU). Substantial site work has already been completed, including clearing and grubbing, and the site brought to subgrade, providing a valuable head start for future development. Concept plans have been prepared for row dwellings and the subdivision of double dwellings, offering prospective developers a strong starting point for realizing the property's potential. The RMU zoning provides for a variety of permitted uses, including apartment buildings, assisted living facilities, double dwellings, and row dwellings. With significant site preparation already completed and a variety of potential development opportunities, this property offers an excellent opportunity for developers, investors, and builders seeking to take advantage of the continued growth and demand in Conception Bay South. Situated along Route 60, just off Peacekeepers Way, the property offers convenient access and excellent connectivity to surrounding communities, amenities, and major transportation routes. This desirable location, combined with the property's development potential and completed site work, makes it an attractive opportunity for future residential development. Buyer to verify all zoning, permitted uses, permits, development potential, and municipal requirements with the Town of CBS and applicable Government Departments. HST, if applicable, is the responsibility of the purchaser. (id:41202)