126 Elm Avenue Shovel ready development: Development Permit and Building Permit approved for 6 townhomes. Previous structured already demolished and site prepped with initial form work. Site plan available for up to 31 apartment units with minor variances, which would require municipal approval. Close proximity to Tranquille Rd retail district, Northills Shopping Mall and the North Shore Bus Exchange. Multiple multifamily or mixed use developments underway in 3 block radius. Ideal location for condo or purpose built rentals. (id:203)