Description
Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting Nanaimo SkyTrain Station and bus loop, the property falls within BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver). The existing home offers 5 bedrooms and 4 bathrooms over two levels plus basement, providing an excellent rental investment and holding opportunity. Potential to assemble with neighbouring 2474 E 24th Avenue for an enhanced redevelopment opportunity. Please do not disturb tenants.
General Info
| MLS Listing ID: R3163555 | Bedrooms: 4 | Bathrooms: 4 | Year Built: 1927 |
| Parking: Other | Heating: Baseboard heaters | Lotsize: 3828 sqft | Air Conditioning : N/A |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full (Unknown) |
Amenities/Features
- Central location
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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .