Not just a House. Not just Land. An Investment with significant Upside. Set on a rare 16,500 sq. ft. view property in sought-after Upper Lonsdale, this unique offering includes a completed preliminary subdivision application and an original West Coast Modern Post & Beam home ideally positioned on one side of the lot. The possibilities are numerous: retain and restore the existing home while creating a second lot, build a custom multi-generational estate, subdivide and sell th…e parcels separately, or develop two luxury residences. A significant advantage is that the existing home does not need to be demolished to proceed with subdivision, providing valuable flexibility and timing options. Live in the home, rent it to help offset carrying costs, or take the time to decide the best path.
Listed by Sotheby's International Realty Canada.