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50 E 12th Avenue, Vancouver
MLS®: R2530623
$2,388,000
4
Beds 3
Baths 1909
Built 2599
Living Area SqFt 4,059
Lot SqFt 5,848.39
Taxes
Beds 3
Baths 1909
Built 2599
Living Area SqFt 4,059
Lot SqFt 5,848.39
Taxes
Description
Attention Builders and Investors! Very solid and livable 1909 house (metal roof) 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.
Mnt. fees: $0.00
Features
Clothes Washer
Dryer
Drapes
Window Coverings
Refrigerator
Stove