PRIME KITSILANO CORNER LOT- EXCEPTIONAL DEVELOPMENT OPPORTUNITY. This 44'x110 corner lot is situatedin the highly sought after Kitsilano neighborhood, offering a unique opportunely for the developers and investors. Previously zoned under RT -7, which allowed for very low density, the zoning has been updated as of July 1st to align with the requirements of BC government's Bill 44. This revision allows for more flexible development option, including 0.7FSR for a duplex and 1.0 FSR under Multiplex policy, enabling the construction of 3-5 units without character retention requirements. Currently rented for$6000. Tenants are on month to month rental. DP ready for RT-7 if you want to build right away or apply for larger density home. House is has been renovated to live in or as an investment.
General Info
MLS® #
R2926056
Taxes
$10,516 / 2024
Maintenance Fees
-
Property Type
House/Single Family
Dwelling Type
Basement Entry
Home Style
Basement Entry
Year Built
1924
Fin. Floor Areas
1897
Bedrooms
5
Bathrooms
2
Listed by Team 3000 Realty Ltd.
Features
Clthwsh/dryr/frdg/stve/dw
Smoke Alarm
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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