1616 Nanaimo Street
$1,999,000

Overview

Priced to sell! Well kept original owner home with huge potential for redevelopment. Currently zoned C-1. City has approved usage up to 2.5 FSR. Lot will need to go through a private rezoning process and would be treated as C-2 development opportunity. Transit oriented location close to Commercial Dr. and only 13min drive to downtown Vancouver. Priced at $160/sf Buildable @ 2.5 FSR. House is in good shape and very well kept for the age. 3 bed up and 1 bed down. Potential suite can be added with own entry for downstairs. Buy and HOLD or buy and take it through the City for redevelopment. Assembly potential maybe possible in the future.

House
House/Single Family
Rancher/Bungalow w/Bsmt.
Vancouver East
Renfrew VE
R2306735
Sutton Group-West Coast Realty
2,577 sqft
4
2
1949
4,995 sqft
Full,Fully Finished
V5L 4V1
$4355.71
2018

QUICK CONTACT

Richard Bao PREC*
Engel & Volkers Vancouver
130 - 1152 Mainland Street
Vancouver BC V6B 4X2

778-991-8848
hello@richardbao.ca

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MLS Reciprocity
Listed By: Sutton Group-West Coast Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.