PRIME KITSILANO CORNER LOT- EXCEPTIONAL DEVELOPMENT OPPORTUNITY. This 44'x110' corner lot in Kitsilano offers a unique chance for developers and investors. Updated zoning from RT-7 to meet BC Government's Bill 44 now allows: 0.70FSR for a duplex or 1.0FSR for 3-5 untis under the multiplex policy. With South facing rear yard, the proerty enjoys abundant natural light . Currently rented for $6500monthly. It offers immediate income during development planning. Located just north of Broadway, within walking distance to shops, restaurants and amenities. Tenants on month to month. This rare opportunity won't last- all offers will be entertained.Future LRT station 300meters from the property on Broadway. See the current by-law for details otherwise solid home to keep.
Address
3192 W 8th Avenue
List Price
$2,590,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Basement Entry
Structure Type
Residential Detached
Area
Vancouver West
Sub-Area
Kitsilano
Bedrooms
5
Bathrooms
2
Floor Area
1,899 Sq. Ft.
Main Floor Area
2
Lot Size
4840 Sq. Ft.
Lot Size Dimensions
110 x 44
Lot Size (Acres)
0.11 Ac.
Lot Features
Central Location, Lane Access, Recreation Nearby, Wooded
Lot Size Units
Square Feet
Total Building Area
1899
Frontage Length
110
Year Built
1924
MLS® Number
R2963265
Listing Brokerage
Team 3000 Realty Ltd.
Basement Area
Full, Exterior Entry
Postal Code
V6K 2C3
Zoning
MCD
Ownership
Freehold NonStrata
Parking
Additional Parking, Carport Single, Lane Access, Side Access
Parking Places (Total)
1
Tax Amount
$10,515.80
Tax Year
2024
Site Influences
Central Location, Lane Access, Recreation Nearby, Shopping Nearby, Wooded
Community Features
Shopping Nearby
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Natural Gas
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Carport
Yes
Carport Spaces
1
Road Surface
Paved
Entry Location
Exterior Entry
Levels
One
Number Of Floors In Property
1
Security Features
Smoke Detector(s)
View
Yes
View Type
CORNER LOT
Subdivision Name
Kitsilano