11530 Turtle Bay Court

2,000 ft²

Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:45055)

• Property Details

  MLS® Number	10365456
  Property Type	Other
  Neigbourhood	Lake Country East / Oyama
  AmenitiesNearBy	Public Transit, Airport, Park, Recreation, Shopping
  Features	Cul-de-sac
  ParkingSpaceTotal	2
  RoadType	Cul De Sac

• Building

  ConstructedDate	1992
  ExteriorFinish	Stucco
  HeatingType	See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  SizeInterior	2,000 Ft2
  Type	Other
  UtilityWater	Well

  Attached Garage	2
  Rear

• Land

  AccessType	Easy Access
  Acreage	No
  FenceType	Fence
  LandAmenities	Public Transit, Airport, Park, Recreation, Shopping
  LandscapeFeatures	Landscaped
  Sewer	Municipal Sewage System
  SizeFrontage	125 Ft
  SizeIrregular	0.61
  SizeTotal	0.61 Ac|under 1 Acre
  SizeTotalText	0.61 Ac|under 1 Acre

• Rooms
• Utilities