DESCRIPTION

One of the last available large development properties in Cumberland. This 6.5 acre lot has 1000 ft of frontage along Ulverston Avenue. It sits in-between industrial properties across Ulverston and neighbourhoods to the south and west, including the designated intensive residential area on Carlisle Lane. Directly to the west of the property is Ravenwood Park. Current zoning is R1 but the Official Community Plan designates this lot as mixed land use, which can be either multi-family residential - with densities greater than 15 unites per acre - commercial, or mixed use. Could be anything from an apartment block, to row houses, to a storage complex, to Cumberland's version of Tin Town with commercial at grade and residential above. Power runs the length of the property and sewer and water are at the lot line. An easy walk to the main shopping and cultural centre on Dunsmuir, close to the Village Park, BMX track, and all the mountain biking/hiking trails of the Cumberland Forest.

KEY DETAILS
  • Price:
  • $2,300,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 6.61
  • Listing #:
  • 836956
  • Street Address:
  • Lot A Ulverston Ave
  • City:
  • Cumberland
  • State:
  • BC
  • Postal Code:
  • V0R 1S0
  • Area:
  • Valley
  • Subarea
  • Cumberland
  • Listing Status:
  • For Sale - Active

Land

  • Conforms To Zoning:
  • Ru-1
  • Lot Size:
  • 6.61
  • Lot Size Units:
  • Acres
  • Lot Square Footage:
  • 287365

Listing

  • Days On Market:
  • 365
  • Originating Mls:
  • Vancouver Island Real Estate Board
  • Previous Listing Price:
  • 2070000

Location

  • Street Type:
  • Ave
  • Sub Area:
  • Cumberland

Money

  • Ownership:
  • Freehold

Source

  • Listing Provided By Jeff Nield of Engel & Volkers Vancouver Island North
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