Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting Nanaimo SkyTrain Station and bus loop, the property falls within BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver). The existing home offers 5 bedrooms and 4 bathrooms over two levels plus basement, providing an excellent rental investment and holding opportunity. Potential to assemble with neighbouring 2474 E 24th Avenue for an enhanced redevelopment opportunity. Please do not disturb tenants.
Address
4011 Kamloops Street
List Price
$1,558,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Vancouver East
Sub-Area
Renfrew Heights
Bedrooms
4
Bathrooms
4
Floor Area
2,425 Sq. Ft.
Main Floor Area
1025
Lot Size
3828 Sq. Ft.
Lot Size Dimensions
33 x 116
Lot Size (Acres)
0.09 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
2425
Frontage Length
33
Year Built
1927
MLS® Number
R3163555
Listing Brokerage
Engel & Volkers Vancouver
| Engel & Volkers Vancouver (Branch)
Basement Area
Full
Postal Code
V5R 1X5
Zoning
CD-1
Ownership
Freehold NonStrata
Parking
Other
Tax Amount
$7,991.59
Tax Year
2026
Site Influences
Central Location
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Baseboard
Levels
Two
Number Of Floors In Property
2