Unlock the full potential of this exceptional 1.53-acre development property located in the heart of the welcoming and vibrant community of Lumby. Designated R-3 zoning, the owner has plans for a seven duplex lot (14 units) + one single-family lot subdivision. The zoning allows for multi-family developments, row housing, fourplexes, triplexes, duplexes, and single-family dwellings, providing flexibility to align with your vision and investment goals. With full city services available, development is made more straightforward and cost-efficient. A standout feature of this parcel is its frontage on three separate streets, offering excellent access points and enhanced design possibilities for subdivision or multi-unit layouts. This unique characteristic opens the door to creative site planning and maximized density potential. The owner has dedicated significant funds and effort towards progressing towards subdivision, with a buyer able to benefit from such work. Located in a growing, community-oriented area, this property represents a rare opportunity to invest in land with both immediate usability and long-term upside. This property is perfectly positioned to take advantage of beautiful surrounding views, adding long-term appeal for future homeowners or tenants. Whether you’re envisioning a thoughtfully designed multi-unit project or a spacious residential retreat, this property delivers flexibility, location, and future potential. The owner is open to discussing a joint venture or a build-out of the community with a builder partner.
8 hours
|
0
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Scott Marshall,
Sotheby's International Realty Canada,
Natalie Reichert,
Sotheby's International Realty Canada
Source: Association of Interior REALTORS,MLS®#: 10385220Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Features
Has fireplace: No
Property
Features
Has view: Yes
View description: Valley
Lot
Size: 1.52 Acres
Features: Easy Access, Near Public Transit, Paved, Rolling Slope
Topography: Hill
Details
Has additional parcels: Yes
Parcel number: 027399991
Zoning: R3, RLD
Zoning description: Residential
Utilities & green energy
Sewer: Not Connected (at lot), Public Sewer
Water: Public
Utilities for property: Electricity Available, Phone Available, Sewer Available, Water Available, Cable Available, High Speed Internet Available
Community & HOA
Community
Features: Near Schools, Recreation Area, Shopping
HOA
Has HOA: No
Location
Region: Lumby
Financial & listing details
Annual tax amount: C$1,232
Date on market: 5/4/2026
Cumulative days on market: 35 days
Ownership: Freehold,Fee Simple
Road surface type: Paved
Scott Marshall
Scott Marshall
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.