Development opportunity! This 6641 sq.ft. property has an approved development permit in place to construct two single family detached homes (2010 sq.ft. and 2030 sq.ft.) each featuring 3 beds/2.5 baths and single car garages. Property is zoned R1.2 (Single Family High Density Residential) and is located in a highly desired location within walking distance to Beacon Ave, Thrifty Foods, and Sidney Elementary. These are spacious floor plans that would appeal to a variety of buyers and the classic craftsman exterior is in keeping with the character of the neighbourhood and will ensure timeless appeal. Existing home consists of a two story family friendly home with 4 beds/2 baths and a den that would also make an excellent rental property. Generally an application of this nature takes 6-12 months to obtain approval, but this project is ready to go!