An incredible boutique size development opportunity. Developer Alert! Level 5 Medium Density site! Potential opportunity to build a mid rise 5 storey multi-family rental building with a mix of unit sizes.. FSR of 1.6 plus a maximum increase of 1.0 for a total of 2.6 FSR considered if public benefits are provided as per Section 2.2 of the OCP. Include 2 rental units at 10% below market and/or a private daycare. Build, hold and manage or build and sell a fully tenanted. A very popular asset to own! Great area, only 1 block to Lonsdale. Centrally located, super convenient to stores, public transportation and schools. No need for cars here!