About this Acreage Home

Presenting a prime development opportunity comprising 50 thoughtfully designed townhomes with one level of underground parking. The site boasts a 1.5 FAR (Floor Area Ratio) and a total net sellable area of 68,535 square feet. Having successfully passed third reading, the site is fully development permit-ready. While all necessary servicing agreements have been negotiated, they await final execution. This offering also includes the potential for a higher-density development, with the ability to achieve a 2.5 FAR by incorporating rental housing or a care home facility. With a short lead time required to launch sales and commence construction, this site represents a rare and highly attractive opportunity for developers.

Listed by Engel & Volkers Vancouver (Branch).