Builder Alert! Don't miss out on this excellent investment opportunity in a prime location. With new zoning regulations, this property allows for construction of 4 townhomes, each with 4 lock-off suites, making it a lucrative venture for any savvy developer. Designated as R4A and zoned RG-3 with an FSR of up to 1.0. The current side-by-side 2-level duplex boasts wonderful long term tenants, 3 bedrooms, 2.5 baths per side and as of June 1, will generate an annual gross income of $49,800. Beautiful southern exposure & views of the city & water; lane access, a detached 2-car garage, garden, deck space, & a great walk score. Located just a stone's throw away from Lonsdale Quay & public transit, this property is perfectly situated for both convenience & accessibility. Built 23 years ago, this property is in very good condition. Hold or build!
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.