Vancouver West, Kitsilano, V6K 2C3
5 bed
1 bath
1,897 sqft
House/Single Family
Built in 1924
4,840 sqft lot
1 parking
1 fireplace
Freehold NonStrata
RT-7 zone
PRIME KITSILANO CORNER LOT- EXCEPTIONAL DEVELOPMENT OPPORTUNITY. This 44'x110 corner lot is situatedin the highly sought after Kitsilano neighborhood, offering a unique opportunely for the developers and investors. Previously zoned under RT -7, which allowed for very low density, the zoning has been updated as of July 1st to align with the requirements of BC government's Bill 44. This revision allows for more flexible development option, including 0.7FSR for a duplex and 1.0 FSR under Multiplex policy, enabling the construction of 3-5 units without character retention requirements. Currently rented for$6000. Tenants are on month to month rental. DP ready for RT-7 if you want to build right away or apply for larger density home. House is has been renovated to live in or as an investment.
$2,949,000 ($1,555/sqft)
Active
Listed
09/16/2024
Expiry date
Original price
Previous price
Gross taxes (2024)
$10,515.80
Property transfer tax
$66,470.00
Last Updated: 10/08/2024 06:59 AM
Courtesy of Team 3000 Realty Ltd.
Listed | Status | Original | List | Sold | Firm |
---|---|---|---|---|---|
09/16/2024 | Active | $3,100,000 | $2,949,000 | -- | Team 3000 Realty Ltd. |