50 E 12th Avenue, Vancouver

MLSยฎ: R2398428
2236 Sq.Ft. 3 Baths 4 Beds 4,059 Lot SqFt 1908 Built

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 - re develope 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.

Taxes (2019): $6,251.44

Features

Clothes Washer Dryer Drapes Window Coverings Refrigerator Stove
MLS Reciprocity

Listed By: Sutton Group-West Coast Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.