$1,156,899

Vancouver Residential

  • 5 Beds
  • 3 Baths
  • 2,370 Sqft
  • 3,921 Sqft lot
  • Updated: Today

About the Property

Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC’s Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring pr
Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC’s Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area.
  • Property type

    House

  • Year built

    1983

  • Price/sqft

    $488

Features

  • Pool
  • Investment Property

Explore the Area

2474 E 24th Avenue, Vancouver, British Columbia, Canada View on Google Maps
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Anish Somani

Joined 2 years ago
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Anish Somani
Canada
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7
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2024
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Engel & Völkers Vancouver
Engel & Völkers Vancouver
V6B 4X2, Vancouver, Canada
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Last updated
Today
First listed
Sep 10
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Listing reference
R3163558
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