This character home is a great holding property for redevelopment and revenue potential. This 4,343 sq ft lot, with current RM-5 zoning allows for the development of up to 1.5 FSR (6,484 SF of living space) with retention of the original home and infill at the back. The property is being sold "as is where is" and a development application has been submitted to Vancouver City Hall with the potential to develop a new three-storey single detached house with a proposed FSR of 1.00, a proposed height of 39.16 ft., and a garage at the rear of the site complete with two parking spaces, having access from the lane. Located in the prestigious West End, this property is a walker's paradise.
Listed by Royal LePage Sussex/Zolo Realty.
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Disclaimer: 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.