16/20/22/24/ Helmcken View Royal, BC V8Z 5G7

16/20/22/24/ Helmcken Rd

Offered at: $6,500,000

MLS®: 985806

Fantastic Development Opportunity in the Heart of View Royal! This prime property presents an exceptional development opportunity in the vibrant and growing community of View Royal, conveniently located near essential amenities, transit, and the Victoria General Hospital. The land is zoned for both residential and mixed-use development, offering diverse possibilities for investors and developers. Parcels 6, 20, 22 (M-R - Mixed Residential): Zoned for small lot detached houses, townhouses, and low-rise apartments, with up to 3 storeys and a 1.25 Floor Space Ratio (FSR) permitted. For apartment dwellings, the zoning allows for up to 4 storeys and a 1.6 FSR, maximizing the potential for residential development. Parcels 24, 26 (NMU - Neighborhood Mixed Use): Zoned for commercial use combined with townhouses and low-rise apartments. The zoning allows for up to 3 storeys and a 1.5 FSR, making it ideal for a mixed-use development that integrates retail and residential spaces.