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Development opportunity in a prime location! RM-3 zoning allows for many possibilities for the smaller investor wanting to create sustainable revenue streams. Build a triplex, live in one and sell or rent out the others. Build a four suite retirement complex, complete with ocean view and walking distance to all the amenities downtown. A lot of potential here! RM-3 zoning provides for the development of medium to high-rise residences in multiple-family complexes within the high density residential designation, typically three to six storey apartment style complexes. Level lot with ocean views, on bus route. Great central location, only a couple blocks from the downtown core. 0.19 acres, services to site and lane access at back of property. GST payable.
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Introduction to Investing in Commercial Real Estate
[vc_row][vc_column][vc_column_text]RE/MAX recently released its 2017 Commercial Investor Report, highlighting trends and market activity in several key markets. Following up on the report, we have compiled some introductory tips from some of our brokers and agents for investing in commercial real…