675 Powell Street

Exceptional opportunity for builders, investors, or handy buyers looking to create value. Situated on a quiet no-through road in quiet neighborhood, this nearly double-sized 9,292 sq.ft. (.21-acre) lot is cleared and ready for your vision. The existing home is an 3 bedroom 1 bath rancher at 1100 sq.ft. It has been completely stripped to the studs, with all, interior, attic, and crawlspace debris materials removed, providing a clean starting point for renovation or redevelopment. LDR (Low Density Residential) zoning offers excellent flexibility, permitting two-unit dwellings, attached or detached secondary suites, and multi-unit or row-house development of up to four units (buyer to verify). Short-term rentals are also permitted under the current zoning. Within walking distance of downtown, shopping, schools, and recreation, this is a rare chance to build equity or unlock the property's full development potential in a convenient in-town location.

Listed by RE/MAX Island Properties (DU).