Strategically positioned along Metral Drive, the Property benefits from excellent visibility, a strong arterial connection to the Nanaimo Parkway and Island Highway, and proximity to major commercial and retail hubs. With Residential Corridor One (COR1) zoning in place, the Property has conceptual plans for a six-storey, 118-unit multifamily development with above ground parking and only 26 stalls underground, offering developers immediate scale, entitlement certainty, and cost savings with minimal excavation.