50 E 12th Avenue, Vancouver, BC
- 4 beds
- 3 baths
- 2,599 sqft
- lot size: 4,059 sqft
- 1909 built
Mount Pleasant VE
$6,251 / 2019
2 Storey w/Bsmt.
|SIZE: 2,599 sqft||TAXES (2019): $6,251|
|TYPE: House/Single Family||$/Sq.Ft: 919|
|SUBAREA: Mount Pleasant VE|
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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