Investment Opportunities

Land Development Rossland

DEVELOPMENT OPPORTUNITY: Two lots For Sale either together or one or the other. Both Lots 2 & 3 together are a total of 16+ acres of developable land. Individually, Lot 2 consists of 18 units multi-family and Lot 3 consists of 11+ acres zoned R1. Purchasing only one lot will require subdivision and redefining of lot lines. If purchasing Lot 2 and the Aspen Grove vision, the subdivision process will be completed by the Seller and the lot lines will be redefined. The purchase will consist of total 5 acres = 1.5 acres with zoning for 18 multi-family units and 3.5 acres of designated parkland plus design plans for Aspen Grove buildings & website. $650,000. Aspen Grove is 18 strata titled homes including site engineering, building plans, marketing collateral and website. The vision is for 5 contemporary buildings: two and three-bedroom suites approx 1600 sq ft of living space and generous exterior sun decks. Buyer can modify plans to suit cost. If purchasing Lot 3 only, the subdivision process will be completed by the Seller and the purchase will consist of 11.92 acres bare land, zoned R1, $500,000. Lots 2 and 3 together represent best price value and a total of 16.41 acres currently zoned R1, $999,000. If the Buyer wants the 18 multi-family units, subdividing into 2 parcels will be required: one parcel is total 5 acres for 18 strata units and parkland and second parcel is 11.41 acres R1 zoned lots.

Date Posted:
Trail, Rossland & area
Price: 1,000,000
Opportunity Type:
2812 Cedar Cres, Rossland, BC, V0G1Y0
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