Vancouver, British Columbia V5R5X6
$1,598,000
MLS® R3163558
5
Bedrooms
3
Bathrooms
2,370 square feet
Living Area
1983
Year Built
Single Family
Type
3,828 square feet
Lot Size
2
Parking
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. (id:65701)
Listed by
Engel & Volkers Vancouver
Greater Vancouver
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