C$200,000

Phenomenal development opportunity in the heart of Canada's wine capital. Zoning changes and Official Community Plan modifications already in place: Rezoned RH2/High Density Residential: uses include apartment building, townhomes, and home occupation. Plans in place to build new multi-level town homes with rooftop decks and garages. Purchaser would benefit from significant pre-paid soft cost investments including offsite levies, development charges and utility connections. Note: lot is subject to an easement requiring allocation of 5 parking spaces in any development plans, in favour of the adjacent property at 511 Church. 511 Church parcel is also being offered for sale separately (mls#: 10393467), as well as 545 and 511 Church being offered for sale together (mls: 10393143). (id:41202)