OVERVIEW

The Property sits at the intersection of Cecile Drive and the transition point from Clarke Road to St. Johns Street. Currently, it comprises 30 strata units on a triangular lot spanning approximately 131,191 square feet or 3.0 acres. Zoned as RM-3 (Ground Oriented Townhouse) with an OCP land use designation of Multi-Family Residential, there exists the possibility of achieving a Floor Space Ratio (FSR) of 2.0 or higher. Across the street, a developer has secured approval for a project targeting a similar FSR, aiming for buildings spanning 17 to 19 stories, having received fourth reading.