Overlooking Back Bay and just minutes from downtown Yellowknife, Niven Lake Phase V offers a beautiful natural setting with excellent development potential. Niven Lake Phase V is zoned R2 - Medium Density Residential and is intended for duplex, multi-attached (townhomes), and multifamily (apartments) dwellings. An extensive natural trail system, including the Niven Lake Trail, family parks, and natural green space represent just a few features of this location.
On May 9, 2016 City Council motion #0103-16 passed the following:
Payment Plan
Provide payment plans for developments of 15 or more units, not exceeding 3 years.
Purchase Price Discount
15% reduction on the purchase price of Lots 11- 12, Block 307 and Lot 94, Block 308.
| Block | Lot | Area (m2) | Area (ft2) | Purchase Price |
|---|---|---|---|---|
|
307 |
11* |
3,371 |
36,285 |
$700,000 |
|
308 |
116* |
3,409 |
36,701 |
$840,000 |
Additional Information for Niven Lake Phase V Residential Development
- Site Specific Factors
- Traffic Impact Study
- Zoning By-law No. 5045 - see Section 10.2 to learn more about R2 - Medium Density Residential Zoning.
* Please note the Purchase Price is inclusive of the 15% discount on all lots mentioned above.
Please contact the Department of Planning and Development at (867) 920-5614 or landforsale@yellowknife.ca for more information.