2474 E 24th Ave, Vancouver, BC V5R 5X6

$1,598,000
5
BD
3
BA
2,370
SqFt

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List Price
$1,598,000
Status
ACTIVE
MLS® #
R3163558
Year Built
1983
Subtype
Single Family Residence
Stories
2
Bedrooms
5
Total baths
3
Living Area
2,370
Area
Vancouver East
Community
Renfrew Heights

Property Description

Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area.

Additional Information

Lot Size
3,828
Site Influences
Central Location
Levels
Two
Acres
0.09
Region
Vancouver East
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.