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:45055)
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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
CoolingType Central Air Conditioning HeatingType See Remarks RoofMaterial Asphalt Shingle RoofStyle Unknown Type Residential Commercial Mix UtilityWater Municipal Water Additional Parking Attached Garage 5 -
Land
AccessType Easy Access Acreage No CurrentUse Mixed Use FenceType Fence LandAmenities Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski Area LandscapeFeatures Landscaped, Level Sewer Municipal Sewage System SizeFrontage 70 Ft SizeIrregular 0.21 SizeTotal 0.21 Ac|under 1 Acre SizeTotalText 0.21 Ac|under 1 Acre -
Rooms
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Utilities
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January 14 2026 11:59:21
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