Rare opportunity for redevelopment in the heart of Marda Loop. The city has modified the zoning MU-1 with 16.0 m height and 3 FAR. The lot has a 62-foot frontage and is 19.04 x 33.99. The builder has 2 DP for design, a 10-unit condominium unit consisted of 4 stories and one level of underground level parking. This design featured 2 levels of condos and the upper 2 floor with 2 storey units. A second concept for the site was for a 24 unit of possibly assisted living and acquired DP. Designed featured a main floor mixed unit multi-purpose room, commercial kitchen, building administration and residential suits. Floors 2 and 3 were strictly residential and fourth being mixed residential and roof top garden. All suites were accommodated with balconies. 2-way ramp or current design standards. Both facilitated 11 stalls parking, bicycle parking, waste and recycling storage. 6000 sq ft one storey non-combustible construction with elevator access from the tower. Both of these options were designed current Zoning CU-1 Environmental study report done clear bill of health and no issues for sellers. Building services were accommodated by current sewer and water availability and Hydro. (24394477) NOTE: Info from Realtor.ca, July 12, 2021.
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