LR2 (M1) redevelopment opportunity combining future development potential with strong interim income. Value is primarily in the land, ideal for townhomes or cottage housing at increased density. The existing home is in great condition and currently leased, while multiple powered outbuildings offer additional income or use flexibility. The 60-foot-wide lot is notably flat with no recorded ECAs. Proven development precedent next door with an 8-unit townhome project underway on an equivalent parcel. Excellent proximity to transit, including the RapidRide E Line, and convenient access to the Northgate Light Rail Station approximately one mile away by foot or bike.
Offer Review Date
Friday, February 20, 2026
(Seller may elect to accept an offer early)
Listing source NWMLS MLS #
2480264
Listed by
Ben Buckley,
Windermere Real Estate Co. Blake Budden,
Windermere Real Estate Co.
Listing details based on information submitted to the MLS GRID as of Friday, February 13, 2026 1:56 PM.
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