LAND ASSEMBLY � Transit-Oriented investment opportunity in a prime location adjacent to Nanaimo Skytrain Station. Buy now and hold for future high-rise redevelopment. Recently announced, Bill 47 (Transit-Oriented Areas) will designate the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5 FSR. Additionally, the recently adopted Vancouver Plan, designates the Nanaimo Station area as a �Rapid Transit Area� with a potential for residential towers up to 25 storeys. Four lots - 2474 24th Ave & 4011, 4029, 4035 Kamloops Street to be sold together. This site is within close proximity to Trout Lake Park and Community Centre, and conveniently located only 8 minutes from downtown via the Expo Line. Please do not walk on the properties.
General Info
MLS® #
R2884751
Taxes
$6,043 / 2023
Maintenance Fees
-
Property Type
House/Single Family
Dwelling Type
2 Storey
Home Style
2 Storey
Year Built
1911
Fin. Floor Areas
1558
Bedrooms
4
Bathrooms
2
Listed by Oakwyn Realty Ltd.
MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
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