50 E 12TH AVENUE - MLS® # R2530623
- Property Value $2,388,000
- Living Area 2,599 sq ft.
- Bedrooms 4
- Bathrooms 3
- Lot Size Area 4059.0 sqft
- Taxes $5,848
- Type House/Single Family
- Style 2 Storey w/Bsmt.
- Basement Partly Finished, Separate Entry
- Year Built 1909
Description
Attention Builders and Investors! Very solid and livable 1909 house 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. Land assembly potential also. Call for details!
50 E 12TH AVENUE, Vancouver East
Listing Provided By
Saba Realty Ltd.
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