Welcome to a rare development and investment opportunity in the heart of Merritt. This newly created 0.4 acre lot, located just off Merritt Avenue. Zoned R-8 High Density Residential, this property opens the door to a wide range of possibilities for builders, investors, and future homeowners alike. Whether you’re considering multi-unit development, rental housing, or a spacious private residence with ample room for parking, storage, and outdoor living, this versatile parcel delivers outstanding potential in a central location close to amenities, schools, and services. The property currently features outbuildings without a primary residence. As per municipal requirements, the successful buyer will have six months from completion to either construct a primary residence or remove the existing outbuildings. Don’t miss this unique opportunity to secure a high-density zoned lot in one of Merritt’s most convenient and desirable areas. (id:2493)
Data was last updated August 15, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
67
Avg list price:
$315,000
Min list price:
$99,000
Max list price:
$9,900,000
Avg days on market:
116
Min days on market:
1
Max days on market:
894
These statistics are generated based on the current listing's property type
and located in
Merritt. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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