Mount Pleasant Homes For Sale
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50 E 12TH AVENUE - MLS® # R2312555
- Property Value $2,800,000
- Living Area 2,236 sq ft.
- Bedrooms 4
- Bathrooms 3
- Lot Size Area 4059.0 sqft
- Taxes $5,101
- Type House/Single Family
- Style 2 Storey w/Bsmt.
- Basement Partly Finished, Separate Entry
- Year Built 1908
Attention Builders and Investors! Property with SUPERB redevelopment potential. Less than 2 blocks West of Main Street - and already zoned RM-4N (medium density multi-family) Within the Broadway Skytrain Planning Corridor, and less than 350 meters from proposed skytrain station at Broadway and Main. The City considers higher densities within 350 meters. Conditional approval in RM-4N permits redevelopment up to 1.45 FSR - re-develop this lot by transforming the existing house into a Multiple Conversion Dwelling plus an Infill Building. It's already been done on this block. Alternatively, hold the property until the Broadway planning process is complete for higher densities - strong land assembly possibility. Very livable house.
50 E 12TH AVENUE, Vancouver East
Listing Provided By
Sutton Group-West Coast Realty
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