50 E 12th Avenue, Vancouver, BC

  • 4 beds
  • 3 baths
  • 2,599 sqft
  • lot size: 4,059 sqft
  • 1909 built
  • R2465317

$2,388,000

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Secondary Information

General Info

Status
Active
Sub-Area
Mount Pleasant VE
Area
Vancouver East
City
Vancouver
Province
BC
Taxes
$6,251 / 2019
Property Type
House/Single Family
Home Style
2 Storey w/Bsmt.
SIZE: 2,599 sqft TAXES (2019): $6,251
MLS®: R2465317
TYPE: House/Single Family $/Sq.Ft: 919
SUBAREA: Mount Pleasant VE

Description

Attention Builders and Investors! Very solid and livable 1909 house with SUPERB development options and location - Less than 2 blocks West from Main Street, less than 350 metres from future Skytrain station at Broadway and Main (Council considers higher densities within 350 metres). Already zoned RM-4N (medium density multi-family) - Conditional approval permits redevelopment up to 1.45 FSR plus HRA bonus. Redevelop by transforming the existing house into a Multiple Conversion Dwelling plus an infill Building to get 3 or 4 strata titled units: it's already been done on this block. Alternately, hold the property until the Broadway planning process is complete for possible higher densities. Land assembly potential also.

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Listing Courtesy of Saba Realty Ltd.
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