PRIME KITSILANO CORNER LOT- EXCEPTIONAL DEVELOPMENT OPPORTUNITY. This 44'x110' corner lot in Kitsilano offers a unique chance for developers and investors. Updated zoning from RT-7 to meet BC Government's Bill 44 now allows: 0.70FSR for a duplex or 1.0FSR for 3-5 untis under the multiplex policy. With South facing rear yard, the proerty enjoys abundant natural light . Currently rented for $6500monthly. It offers immediate income during development planning. Located just north of Broadway, within walking distance to shops, restaurants and amenities. Tenants on month to month. This rare opportunity won't last- all offers will be entertained.Future LRT station 300meters from the property on Broadway. See the current by-law for details otherwise solid home to keep.
Address
3192 W 8TH AVENUE
List Price
$2,590,000
Property Type
Residential Detached
Type of Dwelling
House/Single Family
Area
Vancouver West
Sub-Area
Kitsilano
Bedrooms
5
Bathrooms
2
Floor Area
1,899 Sq. Ft.
Lot Size
4840 Sq. Ft.
Year Built
1924
MLS® Number
R2963265
Listing Brokerage
Team 3000 Realty Ltd.
Basement Area
Full, Separate Entry
Postal Code
V6K 2C3
Zoning
MCD
Tax Amount
$10,515.80
Tax Year
2024
Site Influences
Central Location, Lane Access, Paved Road, Recreation Nearby, Shopping Nearby, Treed
Features
ClthWsh/Dryr/Frdg/Stve/DW, Smoke Alarm
Heat Type
Natural Gas