|Address||7271/7281 Prospector Avenue|
|Sub Area||Radium Hot Springs|
|Floor Space||0 Square Feet|
|Lot Size||3.76 Acres|
Development Opportunity! It is your time to capitalize in the renowned Radium Hot Springs market with this partially finished condominium development. This 3.76 acre development site is home to the Copperhorn Chateau which is a 30 unit, 3 storey condominium with underground parking. The 49,740 square foot building has undergone a recent building envelope study and is framed up with an asphalt shingle roof and all windows and doors installed for the units. The interior of the building is framed with stairs installed at both ends of the building to the upper floors and there is a central elevator shaft. The units range in size from 823 sq feet to 1,873 sq feet and are 1 to 3 bedroom units. The concrete foundation of Building B is in place and has a footprint of about 16,084 square feet. The plans for this building include 25 one to three bedroom residential units. There is another 30 residential unit building planned for the site and includes 2 commercial spaces intended for a restaurant and a spa. The site can be serviced with municipal sewer and water and offers great mountain views. The offering comes with all the building plans for all 3 buildings and a 2014 Building Envelope Study has been completed for the building. The market is turning so time to secure this project and take advantage of the next market cycle.