LR2 (M1) redevelopment opportunity combining future development potential with strong interim income. Value is primarily in the land, ideal for townhomes or cottage housing at increased density. The existing home is in great condition and currently leased, while multiple powered outbuildings offer additional income or use flexibility. The 60-foot-wide lot is notably flat with no recorded ECAs. Proven development precedent next door with an 8-unit townhome project underway on an equivalent parcel. Excellent proximity to transit, including the RapidRide E Line, and convenient access to the Northgate Light Rail Station approximately one mile away by foot or bike.
Listing Provided Courtesy of Ben Buckley, Windermere Real Estate Co.
General Information
NWM2480264
Land
8
DOM
5762.99 SqFt
0
Residen
King
Land
Land
Listing Provided Courtesy of Ben Buckley, Windermere Real Estate Co.
Krishna Realty data last checked: Feb 21, 2026 23:38 | Listing last modified Feb 13, 2026 21:54,
Source:
LR2 (M1) redevelopment opportunity combining future development potential with strong interim income. Value is primarily in the land, ideal for townhomes or cottage housing at increased density. The existing home is in great condition and currently leased, while multiple powered outbuildings offer additional income or use flexibility. The 60-foot-wide lot is notably flat with no recorded ECAs. Proven development precedent next door with an 8-unit townhome project underway on an equivalent parcel. Excellent proximity to transit, including the RapidRide E Line, and convenient access to the Northgate Light Rail Station approximately one mile away by foot or bike.
