Lot A Ulverston Ave, Cumberland, British Columbia V0R 1S0

Listed for:
$2,750,000
0 beds
0 baths
Listed 131 days ago
Other for rent: Lot A Ulverston Ave, Cumberland, British Columbia V0R 1S0

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Listing provided by:
Engel & Volkers Vancouver Island North
MLS® number:
928539
Agent:
Jeff Nield
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About

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. (id:27476)

Property Highlights

Type
Other
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is currently available for purchase and is situated in Cumberland, British Columbia. It is a 6.6-acre lot with a Freehold ownership type and 1000 feet of frontage along Ulverston Avenue, making it one of the last large development properties in the area.

Surrounded by industrial properties and neighborhoods, including an intensive residential area, this lot is currently zoned as R1. However, the Official Community Plan designates it as mixed land use, allowing for various possibilities such as multi-family residential, commercial, or mixed-use developments with densities greater than 15 units per acre.

The property's location next to Ravenwood Park and its proximity to the main shopping and cultural center on Dunsmuir, the Village Park, BMX track, and the mountain biking/hiking trails of the Cumberland Forest make it an attractive investment opportunity.

With power running the length of the property and sewer and water available at the lot line, the potential uses for this property are diverse, ranging from an apartment block to row houses, a storage complex, or a mixed-use development similar to Tin Town with commercial spaces on the ground floor and residential units above.

Overall, this property offers a prime location and ample potential for development, making it an appealing prospect for investors and developers looking to capitalize on the growth and opportunities in Cumberland.

This property is listed for sale with a postal code of V0R1S0 and is located on Lot A Ulverston Ave in Cumberland, British Columbia.