plans are finalized. Currently zoned RU2, the lot presents strong potential for multi-family housing development. Adding to its appeal, the OCP designation for this parcel is Gateway Commercial — the same designation as the neighbouring IGA — significantly increasing the likelihood of successful rezoning to a commercial classification such as CB1, CB2, or MX1. This parcel is well-positioned for rezoning approval given its alignment with the municipality’s future land-use vision and its proximity to existing commercial zoning. Whether pursuing multi-family residential construction under current zoning or exploring commercial redevelopment down the road, this is a rare opportunity to secure a strategic, income-producing property with multiple paths to maximize long-term value in growing Summerland! (id:62650)