$3,590,000
Don’t miss this rare investment opportunity in Vancouver’s sought-after Killarney neighbourhood – this extra-large 10,977 SF lot (50 x 219.55) with back lane access offers prime redevelopment potential under R1-1 zoning with maximum FSR 1.0. This is an exceptional opportunity for developers and investors looking to build a multiplex (housing options include multiplex up to 6 dwelling units, or up to 8 rental dwelling units), duplex, or a single detached home. The existing 3 Bed, 2.5 Bath home spans 2,584 SF with a functional layout and spacious basement with recreation room, making it an excellent holding property with rental income potential, with a highly desirable location close to schools, shopping, and transit. (*Buyer to confirm redevelopment regulations with City of Vancouver.)
Listed by RE/MAX Select Properties.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Julia Freeman for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
| MLS®: | R3018780 |
| Type: | House |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Square Feet: | 2,584 sqft |
| Lot Size: | 10,978 sqft |
| Frontage: | 50.00 ft |
| Full Baths: | 2 |
| Half Baths: | 1 |
| Taxes: | $9767.47 |
| Parking: | Garage Double, Lane Access, Rear Access (2) |
| Basement: | Partially Finished |
| Storeys: | 2 storeys |
| Year Built: | 1970 |
| Style: | Rancher/Bungalow w/Bsmt. |