Don Rae Realtor


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  • 196 Vermilion Avenue Princeton V0X1W0

    Price : $997,000 Listing ID : 10402906
    - Bedrooms - Bathrooms
    Property Type : Vacant Land Building Type : Other
    Title : Freehold Finished Area : -
    Built in : - Total Parking Spaces : -
    Downtown Princeton mixed-use development opportunity with an issued Development Permit for a proposed four-storey building featuring 27 residential suites (21 one-bedroom and 6 two-bedroom) over four ground-floor commercial units. Proposed building area is approximately 23,677 sq. ft. The development package includes architectural and modular design documentation, a Class C construction cost estimate and professional appraisal. Parking comprises 10 on-site stalls plus 16 additional stalls secured on the adjacent property by registered covenant. The sellers advise the project is well advanced toward Building Permit and are prepared to work toward Building Permit issuance as part of the terms of a binding offer, subject to municipal approval and agreed terms. Potential strategies may include conventional rental, accommodation serving Princeton/Copper Mountain workforce demand, short-term rental or hotel-style operation where permitted, affordable housing, or a potential strata/unit-sale strategy, subject to zoning, approvals and applicable legislation. Centrally located near Highway 3, downtown services and amenities. Detailed development and financial package available to qualified parties. Buyers to independently verify measurements, zoning, permitted uses, title matters, permit status and development requirements. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Shopping Access : - Appliances Inc : -
    Community Features : - Features : See remarks Structures : -
    Total Parking Spaces : - View : - Waterfront : -
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    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : - Roof Style : -
    Roofing Material : - Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
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    Land
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    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.