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8271 NO. 1 ROAD, Richmond | $1,699,800

Perfect redevelopment opportunity in the highly desirable Seafair neighbourhood of West Richmond. Situated on a 66' x 110' lot with RSM/L zoning, the property offers excellent potential for a duplex, multiplex, or even townhouse development, subject to City approvals.The lot also features the increasingly rare benefit of backlane access, a significant advantage for future redevelopment. There may also be an opportunity for a land assembly with neighbouring properties, providing additional development potential for the right buyer. Steps away from Seafair Shopping Centre and transit hub. James Gilmore Elementary and Hugh Boyd Secondary School catchment. A rare opportunity to acquire a well-positioned redevelopment site in one of West Richmond´s most sought-after neighbourhoods.

Description

Perfect redevelopment opportunity in the highly desirable Seafair neighbourhood of West Richmond. Situated on a 66' x 110' lot with RSM/L zoning, the property offers excellent potential for a duplex, multiplex, or even townhouse development, subject to City approvals.The lot also features the increasingly rare benefit of backlane access, a significant advantage for future redevelopment. There may also be an opportunity for a land assembly with neighbouring properties, providing additional development potential for the right buyer. Steps away from Seafair Shopping Centre and transit hub. James Gilmore Elementary and Hugh Boyd Secondary School catchment. A rare opportunity to acquire a well-positioned redevelopment site in one of West Richmond´s most sought-after neighbourhoods.

General Info


MLS Listing ID: R3168502 Bedrooms: 4 Bathrooms: 2 Year Built: 1956
Parking: Detached Garage Heating: Baseboard heaters Lotsize: 7258 sqft Air Conditioning : N/A

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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 .