11530 Turtle Bay Court
Offered at: $2,499,000
MLS®: 10385449
Re-zoned and ready to develop! APPROVED DEVELOPMENT PERMIT in place with plans for a 36 UNIT, 2-storey boutique Long term care facility! RARE opportunity- Lake Country’s growing population and no long term care facility make this a high-demand, high-impact project with strong future returns. Full architectural plans and exterior renderings available. All the heavy lifting has been done to get this ready for development. Building Covenants removed, phase 1 Environmental assessment done, rezoned for P2 zoning offers multiple options, i.e. medical treatment services, health services, care centers, food or liquor primary establishments etc. FAR of 2, with 50% site coverage. Situated on 0.61 acres in a prime location in Lake Country, close to Turtle Bay, Wood Lake, 12 min to the airport. Existing house in great shape for rental income of approx. $3000/m, until you start developing the land. Home has 3 bedrooms & 3 bathrooms, 2000 sq. ft. rancher with shed and lots of parking. Everything is ready for a savvy investor/group to step in and capitalize on this property with projected income available. Call Stephanie for full details and income projections. Easy to show. (id:6769)
Quick Stats
Key Home Data
0
BATH(S)
BED(S)
2000
SQFT
YES
SHOWING AVAILABLE
Property Type:
Business
Payment Calculator
Calculate your monthly mortgage payment.
Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...
All About the Details
See specific details below.
Neighbourhood Statistics
Get to know your neighbourhood.
Similar Properties
Other properties you might like.
2
2
Request a Showing
Have questions about this property?
window.onload = function() {
let myiFrame = document.getElementById("widgetCta");
let doc = myiFrame.contentDocument;
doc.body.innerHTML = doc.body.innerHTML + '';
}