Boutique development site opportunity. Residential Level 5 Medium Density in the OCP! Potential to build a mid rise 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! No sign at sellers request.