50 E 12th Avenue, Vancouver
Attention Builders and Investors! Very solid and livable 1909 house (metal roof) with SUPERB development options and location - less than 2 blocks West from Main Street, less than 350 metres from future Skytrain station at Broadway and Main (Council considers higher densities within 350 metres). Already zoned RM-4N (medium density multi-family) - Conditional approval permits redevelopment up to 1.45 FSR plus HRA bonus. Redevelop by transforming the existing house into a multiple Conversion Dwelling plus an infill Building to get 3 or 4 strata titled units: it's already been done on this block. Alternately, hold the property until the Broadway planning process is complete for possible higher densities.
Taxes (2020): $5,848.39
Listed By: Saba Realty Ltd.
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.