Vancouver, British Columbia V6M2N5
$2,998,000
MLS® R3103337
5
Bedrooms
5
Bathrooms
4,095 square feet
Living Area
1959
Year Built
Single Family
Type
7,368 square feet
Lot Size
2
Parking
Prime West Side opportunity on a 60 x 122.8 ft (7,368 sq ft) flat lot with lane access, ideally positioned on a quiet stretch of W 48th Ave. This property offers exceptional redevelopment potential under the City of Vancouver´s R1-1 multiplex zoning, allowing for up to 6 strata units or 8 secured rental units. The existing 4,095 sqft home includes a basement suite, providing solid holding income while you design and permit your project. With multiplex zoning supporting 1.0 FSR and up to 3 storeys, this is a rare chance to capitalize on Vancouver´s multiplex program. Premium location to hold, renovate, or redevelop. (id:65701)
Listed by
Oakwyn Realty Ltd.
Greater Vancouver
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