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Description

50 FEET OF FRONTAGE · BUILD UP TO FOUR STOREYS · NO REZONING REQUIRED 222 & 224 24th Street West, Saskatoon $359,900 · 5,000 SQ. FT. · REAR LANE A downtown-edge opportunity for multi-family residential development, with the key planning framework already in place. Two adjoining lots provide 50 feet of frontage and approximately 5,000 square feet of land on the north side of 24th Street West, within Saskatoons Transit Development Area. Under the current TDA framework, qualifying multi-unit residential development up to four storeys is permitted without rezoning, subject to design and applicable development requirements. The site also benefits from no minimum standard off-street parking requirement, providing additional flexibility for development. A FRONT-ROW SEAT TO SOUTH CASWELLS TRANSFORMATION This isnt simply a neighbourhood with future potential. The City of Saskatoon has an established planning framework for the transformation of South Caswell, and redevelopment is already underway around this site. FORMER TRANSIT LANDS ACROSS 24TH The former City Transit lands directly across the street have been rezoned for higher-density Corridor Mixed-Use development, creating the potential for commercial uses at street level with taller residential development above. CASWELL BUS BARNS — ONE PROPERTY DOWN The historic Bus Barns are being transformed into an arts and culture destination featuring a 200-seat theatre, studios, restaurant and daycare. Businesses are already operating, with additional tenants moving in. FORMER TRANSIT BUILDINGS The older Transit buildings in the immediate area are currently being demolished to make way for redevelopment based on the citys South Caswell Redevelopment plan. DOWNTOWN EVENT & ENTERTAINMENT DISTRICT The proposed downtown Event & Entertainment District is an exceptionally short walk from the property, offering potential for a future arena and convention destination close to the site. The project remains subject to ongoing approvals and public consultation. THE SITE ● 50 frontage meeting the applicable 15 m TDA threshold ● Approximately 5,000 sq. ft. ● Four-storey multi-family residential framework ● No rezoning required ● No minimum standard off-street parking requirement ● Rear lane access ● R2A underlying zoning ● Corridor Residential ● Corridor Growth Area ● Transit Development Area PRIVATE SALE