250-986-5911
12
$2,399,900 Sale
Listed 19 days ago
5350 Falls St
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Key Facts
Key facts for 5350 Falls St
Property Type
Lots/Land
Parking
On Site
MLS #
1051863
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
$15,506.09 /yr
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Shovel-ready riverside development opportunity on 5.84 acres along the Somass River. Preliminary Layout Review (PLR) in hand from the City of Port Alberni for 31 bare-land strata lots - the heavy lifting is done. Zoned RM1 (Low Density Multi-Residential) so the options are wide open: build the plann...ed 31-lot community, develop townhomes, duplexes or multi-family, hold it as one private estate acreage, or reconfigure into 8-10 larger waterfront lots from a half-acre & up sized to allow a home plus a shop. Flexibility to design for today's market & maximize returns. Thoughtfully planned community with a walking trail, river viewpoints & beach access in a natural setting. Minutes to Clutesi Haven Marina, with easy access to Sproat Lake & Tofino. Sale includes PLR plus full subdivision package: engineering reports, DFO approvals, Disclosure Statement & QS reports. Ideal for investors, builders, end-users, or developers. Buyer to confirm uses, lot configurations & density with the City.
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Listing courtesy of: Real Broker

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