$925,000
Unlock a prime development opportunity in the heart of Lake Country's Town Centre! This property has C1 zoning, aligning with the Official Community Plan's vision for mixed-use residential development. Planning officials have indicated that rezoning applications are discouraged, affirming the current zoning's strategic value. Development Highlights: Zoning Alignment: C1 zoning is in place, supporting mixed-use residential projects in line with the OCP. Incentive Potential: Potential qualification for Main Street tax and usage (density) incentives. Rental Tax Exemption: Possible eligibility for the Lake Country rental tax exemption bylaw, offering a 10-year property tax reduction for purpose-built rentals with a 10-year covenant. Town Centre Location: Situated within the Town Centre, requiring adherence to future form and character requirements during development application. Diverse Usage: Nearly 50 approved usages under the current zoning. Preferred Development: The planner suggests a mixed-use approach with grade-level service and amenity commercial units, topped with residential space. Development Capacity: Potential for a 6-story or 22m development as mixed-use commercial, contingent on meeting density bonuses and supported by the Town Centre designation. This is a chance to invest in a property with substantial development potential and attractive local incentives. Contact us today to explore the possibilities and take the first step towards your next successful project (id:64133)
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Property Details
MLS® Number 10372864 Property Type Other Neigbourhood Lake Country East / Oyama AmenitiesNearBy Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area CommunityFeatures Family Oriented Features Level Lot ParkingSpaceTotal 7 -
Building
Cooling Type Central Air Conditioning Heating Type See Remarks Roof Material Asphalt Shingle Roof Style Unknown Type Residential Commercial Mix Utility Water Municipal Water Parking
Additional Parking Attached Garage 5 -
Land
Access Type Easy Access Acreage No Current Use Mixed Use Fence Type Fence Land Amenities Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area Landscape Features Landscaped, Level Sewer Municipal Sewage System Size Frontage 70 Ft Size Irregular 0.21 Size Total 0.21 Ac|under 1 Acre Size Total Text 0.21 Ac|under 1 Acre
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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January 14 2026 11:59:21
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