7 bed
5 bath
1,932 sqft
Single Family Residence
Built in 1912
3,484 sqft lot
3 parking
1 fireplace
Freehold NonStrata
R1-1 zone
Public remarks
Attention Builders and Investors!!! Redevelopment Potential!!! Rare Opportunity to find a R1-1 Zoned Multiple Dwelling in a desirable neighborhood. Laneway Access. Amazing Potential to Build, Hold, Invest or to live in and rent out the other units. Potential income on all 4 units rented is $8500/month. Buyer(s) to confirm with city for development potential. $60k in renovations for 2022. No Oil tank. Walking distance to restaurants, transit, shopping, schools, recreation and parks. Minutes to Metrotown, T&T, Skytrain and highways.
Private remarks
Zoned R1-1 / Multiple Dwelling - 'Property Sold As Is Where Is'. House is currently tenanted in 2 of the 4 units. All Measurements are approximate, Buyer/Buyers agent to verify if deemed important. Please verify with city for redevelopment potential. Currently, the 2 bedroom basement unit is rented for $2200/month m2m and Second Floor is rented for $2200/month m2m. Please give min 24 hours notice to view home as there are 2 tenants. Please email any offers to [email protected]
Buyer agency compensation
3.2% on the first $100,000 and 1.15% on the remaining balance
$1,549,000 ($801/sqft)
Active
Listed
02/18/2025
Expiry date
Original price
Gross taxes (2024)
$6,559.04
Property transfer tax
$28,980.00
Last Updated: 03/04/2025 09:13 AM
Courtesy of Sutton Group - 1st West Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
1722 41st Avenue | R2968419 | 03/04/2025 09:13 AM | 02/18/2025 | Active | $1,549,000 | Login to view | Paul Chu | Sutton Group - 1st West Realty |