50 E 12th Avenue, Vancouver, BC

  • 4 beds
  • 3 baths
  • 2,236 sqft
  • lot size: 4,059 sqft
  • 1908 built
  • R2312555

$2,800,000

  • #########

Secondary Information

General Info

Status
Active
Sub-Area
Mount Pleasant VE
Area
Vancouver East
City
Vancouver
Province
BC
Taxes
$5,101 / 2018
Property Type
House/Single Family
Home Style
2 Storey w/Bsmt.
SIZE: 2,236 sqft TAXES (2018): $5,101
MLS®: R2312555
TYPE: House/Single Family $/Sq.Ft: 1252
SUBAREA: Mount Pleasant VE

Description

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.

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Listing Courtesy of Sutton Group-West Coast Realty
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