3192 W 8th Avenue, Vancouver

MLS®: R2963265

$2,590,000

1899 Sq.Ft. 2 Baths 5 Beds 4,840 Lot SqFt 1924 Built

Description

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.

Taxes (2024): $10,515.80