C$579,900

Zoned R-6 and set on a spacious 0.55-acre parcel, this property presents an exceptional development opportunity in a highly convenient Cranbrook location. The City of Cranbrook has approved a 24-unit residential complex for the site, and the property can be sold with the approved MUDP (Multi-Unit Development Permit), providing a significant advantage for developers looking to move forward with an established development plan. The level, easily accessible site backs directly onto Laurie Middle School and offers an ideal setting for multi-family residential development. The approved 24-unit project provides a strong foundation for a purpose-built rental, investment, or residential development opportunity. Located close to schools, public transit, shopping, services, and everyday amenities, the property combines excellent location fundamentals with beautiful surrounding mountain views. Whether proceeding with the approved development or exploring future opportunities within the R-6 zoning, this property offers flexibility, convenience, and significant long-term potential in the heart of Cranbrook. A rare opportunity to acquire development-ready land with an approved 24-unit complex and the option to purchase with the City-approved MUDP. (id:41202)