A 15,447 sq. ft. lot strategically located at the intersection of Galt St. West and Olivier St. in Sherbrooke. The site is approved for a 6-story, 44-unit multi-family development under a municipal PL31 authorization. The project includes 4 x 2.5, 20 x 3.5, 20 x 4.5, along with an underground garage, an elevator, and indoor storage lockers. Architectural and infrastructure plans are available. An excellent opportunity!
Close to the city center, near services and public transport.
A central location that favors future rental potential.
A minimum canopy of 15% is required, as well as compliance with landscaping conditions, residual materials management, and municipal infrastructure.
The authorization becomes null and void if no building permit is issued within 36 months following the adoption of the resolution.
The sale is made without legal warranty of quality at the buyer's risk and peril.