This 50 acre development property has proposed plan in place for a 38 one acre lot subdivision with all lots on city services. There are few if none 1 acre city serviced lots on the market making this development property a unique opportunity to create a semi-rural subdivision with oversized lots. Lot sales prices are estimated to be in $125,000-$150,000 range per lot meaning this development has the potential for a gross revenue of $4.7 to $5.7 Million. Proposed plan compliant with Official Community Plan but a rezoning application must form part of subdivision application. City Service connections within 200 feet of lot lines. Buyer to satisfy themselves on final sales price of individual lots and the cost of developing the lots. Also on Residential see MLS# R2267161.