C$899,000

Exceptional 8.75-acre development opportunity in the growing community of Clearwater, BC. Ideally located just 1,000 metres from the roundabout, this property offers 400m of Highway Frontage, a private residential back access, municipal water hookup and flexible land use potential. Currently zoned P2-Institutional, the owner had prepared plans for a long-term care facility. Other potentials include rec centre, swimming pool, senior housing etc. Conveniently situated minutes from the hospital, schools, and town centre, the site has also been identified in Clearwater’s Official Community Plan (OCP) for future multi-residential growth and expanded community infrastructure. Subdivision potential into 0.5-acre lots provides added flexibility for a variety of development concepts and long-term investment strategies. With the proposed Yellowhead Mining Project on the horizon, this property is well positioned to benefit from anticipated regional economic growth and increasing demand for housing and community services. Please contact the listing agent for a full information package. (id:41202)