6 bed
4 bath
2,890 sqft
Single Family Residence
Built in 1962
6,098 sqft lot
4 parking
2 fireplaces
Freehold NonStrata
R zone
Public remarks
Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency.
Private remarks
Seller's spouse is a licensed real estate agent in BC. All measurements are approximate and to be verified by the Buyer.
Cooperating commission
$5,000.00
$4,400,000 ($1,522/sqft)
Active
Expiry date
Original price
Gross taxes (2022)
$7,382.68
Property transfer tax
$138,000.00
Last Updated: 10/24/2023 11:21 AM
Courtesy of RA Realty Alliance Inc.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 90 St. Davids Avenue | R2747822 | 10/24/2023 11:21 AM | 01/20/2023 | Active | $4,400,000 | Login to view | Ehsan Vejdani | RA Realty Alliance Inc. |