Lot A Ulverston Ave, Cumberland
One of the last available large development properties in Cumberland. This 6.5 acre lot has 1000 ft of frontage along Ulverston Avenue. It sits in-between industrial properties across Ulverston and neighbourhoods to the south and west, including the designated intensive residential area on Carlisle Lane. Directly to the west of the property is Ravenwood Park. Current zoning is R1 but the Official Community Plan designates this lot as mixed land use, which can be either multi-family residential - with densities greater than 15 unites per acre - commercial, or mixed use. Could be anything from an apartment block, to row houses, to a storage complex, to Cumberland's version of Tin Town with commercial at grade and residential above. Power runs the length of the property and sewer and water are at the lot line. An easy walk to the main shopping and cultural centre on Dunsmuir, close to the Village Park, BMX track, and all the mountain biking/hiking trails of the Cumberland Forest. (id:1945)
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Property details for Lot A Ulverston Ave, Cumberland
- Type
- Commercial
- Lot Size
- 6.6
- Ownership
- Freehold
- Annual Taxes
- $4,597
Nearby Listings Stat
Estimated price and comparable properties near Lot A Ulverston Ave
Active Listings
28
Min Price
$350,000
Max Price
$2,750,000
Avg Price
$863,378
Days on Market
99
days
Sold Listings
5
Min Sold Price
$430,000
Max Sold Price
$1,475,000
Avg Sold Price
$766,680
Days until Sold
91
days
Price History
Listed
April 10, 2023
by Engel & Volkers Vancouver Island North
Current Price
$2,750,000
Type
Commercial
For Sale