The agencies at Lumby
These agencies offer a selection of luxury properties vente at Lumby. Feel free to contact them for personalized assistance.
Unlock the full potential of this exceptional 1.53-acre development property located in the heart of the welcoming and vibrant community of Lumby. Designated R-3 zoning, the owner has plans for a seven duplex lot (14 units) + one single-family lot subdivision. The zoning allows for multi-family developments, row housing, fourplexes, triplexes, duplexes, and single-family dwellings, providing flexibility to align with your vision and investment goals. With full city services available, development is made more straightforward and cost-efficient. A standout feature of this parcel is its frontage on three separate streets, offering excellent access points and enhanced design possibilities for subdivision or multi-unit layouts. This unique characteristic opens the door to creative site planning and maximized density potential. The owner has dedicated significant funds and effort towards progressing towards subdivision, with a buyer able to benefit from such work. Located in a growing, community-oriented area, this property represents a rare opportunity to invest in land with both immediate usability and long-term upside. This property is perfectly positioned to take advantage of beautiful surrounding views, adding long-term appeal for future homeowners or tenants. Whether you’re envisioning a thoughtfully designed multi-unit project or a spacious residential retreat, this property delivers flexibility, location, and future potential. The owner is open to discussing a joint venture or a build-out of the community with a builder partner.
…By Sotheby's International Realty Canada
Over 26 acres centrally located in Armstrong. 100 GPM (gallons per minute) well (drilled in 2020) for lots of water, whether for agricultural or domestic uses. Flat and usable, and nearby to adjacent development. Could be a good long term holding property as the community of Armstrong continues to grow. The property is completely flat and usable. The property is zoned agriculturally and is located in the ALR. The property is not leased and can be used by an owner occupier, or we can provide potential tenant options for income. This would be a great option for a fruit stand, hobby farm, or purely agricultural purposes. The land is currently not planted, so it is truly an open slate for whatever you need it to be. There is no speculation tax in this area.
…By Sotheby's International Realty Canada
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These agencies offer a selection of luxury properties vente at Lumby. Feel free to contact them for personalized assistance.