582 W 16th Avenue, Vancouver

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MLS®: R2926433

$2,249,000

1697 Sq.Ft. 3 Baths 3 Beds 4,026 Lot SqFt 1910 Built

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Description

This rare 33x122' RM-4 zoned property located in prime Cambie village allows for the construction of up to four three-bedroom townhomes, utilizing a 1.45 FSR (with CoV approval) and potential for approximately 5,833 square feet of buildable. The property currently enjoys the stability of long-term tenants, making it an attractive investment or development opportunity. Cambie Village is ideally located close to downtown, YVR, and reliable transit options ensures convenience. The vibrant community boasts a wide array of shopping and dining establishments, and a strong sense of community. Families will appreciate the proximity of excellent local schools and parks, creating an ideal environment for both living and investing.

Taxes (2023): $7,998.26