9 bed
4 bath
2,610 sqft
Single Family Residence
Built in 1972
3,920 sqft lot
5 parking
1 fireplace
Freehold NonStrata
RS-1 zone
Public remarks
GREAT OPPORTUNITY for the Investors and Developers! Welcome to this well-taken-care of Vancouver special, situated on a generous 33x125 flat lot. This exceptional proptery boasts 9 bedrooms and 4 full baths, offering over 2600 SqFt of living space. The main floor features 3 bedrooms and 2 full baths with an open layout and beautiful hardwood flooring throughout. The basement, with seprate entry, include 6 additional bedrooms and 2 full baths, making it an ideal revenue-producing space. Recent updates include a durable metal roof, double-glazed windows, and water tank. This proptery generates an impressive annual rent revenue of $108,000 from single tenancy. Conveniently located between Main St and Fraser, this site holds promising future development potential for multiplex or land assembly
Private remarks
Professionally measured by REAL360MARKETING. All measurements are approximate and Buyer or Buyer's agent to verify if deemed important. Please see attached City of Vancouver R1-1 ZONING schdule for develpment options. Teananted proptery - annual rent $108,000 plus utilties. Please allow 24 hours for the showing requests. One of the seller is a licensed realtor.
Cooperating commission
3.255% on first $100,000 plus 1.1625% on the balance
$2,149,900 ($823/sqft)
Active
Expiry date
Original price
Gross taxes (2024)
--
Property transfer tax
$42,497.00
Last Updated: 10/23/2024 10:51 PM
Courtesy of Sutton Premier Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
490 49th Avenue | R2938054 | 10/23/2024 10:51 PM | 10/22/2024 | Active | $2,149,900 | Login to view | Kulwant Sandi | Sutton Premier Realty |