50 E 12th Avenue
$2,800,000

Overview

Attention Builders and Investors! Property with SUPERB redevelopment potential. Less than 2 blocks West of Main Street - and already zoned RM-4N (medium density multi-family) Within the Broadway Skytrain Planning Corridor, and less than 350 meters from proposed skytrain station at Broadway and Main. The City considers higher densities within 350 meters. Conditional approval in RM-4N permits redevelopment up to 1.45 FSR - re-develop this lot by transforming the existing house into a Multiple Conversion Dwelling plus an Infill Building. It's already been done on this block. Alternatively, hold the property until the Broadway planning process is complete for higher densities - strong land assembly possibility. Very livable house.

House
House/Single Family
2 Storey w/Bsmt.
Vancouver East
Mount Pleasant VE
R2312555
Sutton Group-West Coast Realty
2,236 sqft
4
3
1908
4,059 sqft
Partly Finished,Separate Entry
V5T 2G5
$5101.04
2018
Clothes Washer/Dryer,Drapes/Window Coverings,Refrigerator,Stove

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.