6 bed
3 bath
2,893 sqft
Single Family Residence
Built in 1940
4,356 sqft lot
2 parking
Freehold NonStrata
RM-8A zone
Public remarks
LAND ASSEMBLY – Transit Oriented 20 storey high-rise development site. Highly sought after corner location, on a quiet street within 200m to King Edward Station on the Canada Line. Recently announced, Bill 47 Transit-Oriented Areas have designated the subject properties for a condo tower at 20 storeys and a density of up to 5.5 FSR. Four lots - 550, 556, 560, 562 West 24th to be sold together forming a 18,625 square foot site. This location is ideal, within close proximity to Queen Elizabeth Park and Hillcrest Community Centre, and conveniently located only 10 minutes from downtown via the Canada Line. Please do not walk on the properties.
Private remarks
LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY - Potential for 4 lot assembly 550, 556, 560, 562 West 24th must be sold together forming a 18,625sf site. TOA land within 200m to King Edward Station, allowing for 20 storeys up to 5.5FSR. Lot size, age, development potential and all measurements and room information are approximate and should be verified by the buyer. Sold as-is, please contact listing agents for further info.
Cooperating commission
1% of purchase price
$4,536,000 ($1,567/sqft)
Active
Expiry date
Original price
Gross taxes (2023)
$11,080.00
Property transfer tax
$144,800.00
Last Updated: 01/06/2025 04:45 PM
Courtesy of Oakwyn Realty Ltd.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 562 24th Avenue | R2953136 | 01/06/2025 04:45 PM | 01/06/2025 | Active | $4,536,000 | Login to view | Connie Mar | Oakwyn Realty Ltd. |