About This Property
This is a rare and exclusive opportunity to acquire over 41 acres of multifamily development land, ideally situated just south of Highway 97 and steps from the Chetwynd town centre. With the District of Chetwynd's newly adopted Official Community Plan (OCP) designating both parcels as Medium Density Residential, this offering is well positioned to benefit from flexible zoning that encourages higher-density development on the south side of the highway. Under the current zoning, the smaller 6.47-acre parcel could accommodate more than 60 apartment units, making this an exceptional opportunity for forward-looking developers. (id:64973)
At $625,000 for over 41 acres, this Chetwynd property presents a compelling value proposition at roughly $15,000 per acre, well below the local market average. Given the flexible zoning and proximity to the town center, this land is ideally suited for medium-density residential developers looking to capitalize on Chetwynd's growing population and need for additional housing.
Property Details
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