6 bed
3 bath
2,494 sqft
Single Family Residence
Built in 1942
3,920 sqft lot
3 parking
Freehold NonStrata
R1-1 zone
Public remarks
Builder’s Alert! An exceptional investment opportunity in the highly desirable Renfrew neighborhood. This prime lot, measuring 33 feet by 124 feet, offers tremendous potential for development. Zoned for multiple units, the property presents an excellent opportunity for profitable investment*. Currently, the property includes a secondary suite, adding potential for rental income, although it requires extensive renovation. Priced at lot value, this is an incredible opportunity to take advantage of the growth in this rapidly evolving area. *Prospective buyers are advised to consult with their real estate agent and/or the City of Vancouver for further details and development regulations.
Private remarks
The property, owned by the listing agent's sister, requires extensive renovations, including roof leaks. It features a basement suite and is priced accordingly. Professionally measured by Optimum; buyers to verify if important. Have buyers drive by first. For inquiries, email [email protected].
Buyer agency compensation
3.2% on 1st $100,000 + 1.1% on the balance
$1,999,000 ($801/sqft)
Active
Listed
01/29/2025
Expiry date
Original price
Gross taxes (2024)
$7,402.34
Property transfer tax
$37,980.00
Last Updated: 02/02/2025 10:14 PM
Courtesy of Oakwyn Realty Ltd.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
2956 3rd Avenue | R2961332 | 02/02/2025 10:14 PM | 01/29/2025 | Active | $1,999,000 | Login to view | Kim Cheng | Oakwyn Realty Ltd. |