New city zoning, MSH – Medium Scale Housing up to 8 stories high. Serious development possibilities here, looking around the neighbourhood there are new developments in every direction. There is still lots of value left in the big house with A/C! The heated double garage/shop was built more recently. The home can serve as your investment until you choose to utilize the land for future or even present development opportunities. The area is being invigorated with new builds. Long big lot that you can drive into and turn around in, great for access and storage. The large yard in the back is a private feeling treed oasis. This property is one of the older and rarer large lots, a new lot today would be half this size. Great holding property, as there is value in the buildings and it would fetch a very respectable rent. Great property to live in, big house, big garage, and giant backyard! Situated on 29th Street, you'll be just steps away from the new Civic Memorial Park, numerous restaurants and coffee shops, bus routes, and only 5 minutes away from Village Green Mall. 9 min drive to the beautiful Kal Beach. Nearby award-winning Silver Star Mountain Resort(20 min drive) attracts visitors in winter and summer and offers stunning views. Surrounding mountains and valleys provide many opportunities for outdoor recreation. Trails for hiking, cycling and mountain biking are within easy reach and if you want to do a spot of fishing the many lakes. (id:43014)