LISTING:
  • Status Available

    • List Price $2,400,000
    • Beds 4
    • Baths 3
    • Address 50 12TH Avenue E
    • City Vancouver
    • Building Type House
    • ID R2398428

    PHOTOS:

    PROPERTY DETAILS:

    • Days On Market 193
    • Taxes $6,251.44
    • Sqft 2236
    • Parking Spaces 2
    • Heating Forced Air
    • Exterior Frame - Wood,Wood
    • Basement Type Partly Finished

    DESCRIPTION:

    • Description Attention Builders and Investors! SUPERB redevelopment potential. Less than 2 blocks West from Main Street and already zoned RM-4N (medium density multi-family) Land Assembly possible with 3 adjacent properties. Within the Broadway Skytrain Planning Corridor and less than 350 meters from a Skytrain station at Broadway and Main. The City considers higher densities within 350 meters. Conditional approval in RM-4N permits redevelopment up to 1.45 FSR plus HRA bonus - redevelope this lot by transforming the existing house into a Multiple Conversion Dwelling plus an infill Building: it's already been done on this block. Alternately, hold the property until the Broadway planning process is complete for possible higher densities. Land assembly opportunity: 3 very livable houses.

    AMENITIES:

    • Central Central
    • Lane Access Lane Access
    • Paved Road Paved Road
    • Shopping Nearby Shopping Nearby
      • Brokerage Sutton Group-West Coast Realty

      Contact Agent

        NEIGHBOURHOOD:



        $1,590,988
        Homes Avg. List Price
        N/A
        Homes Avg. Sold Price
        9
        Homes For Sale
        0
        Homes Sold
        Homes AVG. LIST PRICE
        Homes Number of Bedrooms

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