9 bed
4 bath
2,395 sqft
Single Family Residence
Built in 1967
7,840 sqft lot
4 parking
Freehold NonStrata
RR1 zone
Public remarks
INVESTOR & BUILDER ALERT! Exceptional opportunity in South Vancouver. This expansive 7,900 SQFT lot offers potential for development, allowing upwards of 8 units with future multi-family zoning possibilities (verify with the City). Positioned on the high side of the street, enjoy stunning southern views of Richmond and the Fraser River. Currently owner-occupied with two rented basement units, providing significant rental income while awaiting permits. Located in a vibrant area near Fraser Street, Main Street, 49th Avenue, and Punjabi Market, this property is surrounded by amenities, shopping districts, and transit. A solidly built home with renovations over the years, ideal for holding as an investment or pursuing development potential. Don’t miss this rare opportunity!
Private remarks
Measurements are approx. from Seller and BC assessment. Buyer and Buyer's agent to verify if deemed necessary. Touchbase for viewing requests and more info. See attached for a) title b) Hood Q report c) PDS. All offers sent to [email protected]
Cooperating commission
$27,000.00
$3,329,700 ($1,390/sqft)
Active
Expiry date
Original price
Gross taxes (2024)
$11,289.10
Property transfer tax
$84,485.00
Last Updated: 12/23/2024 03:36 PM
Courtesy of eXp Realty of Canada, Inc.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 753 55th Avenue | R2950188 | 12/23/2024 03:36 PM | 12/16/2024 | Active | $3,329,700 | Login to view | Jas Sra - PREC | eXp Realty of Canada, Inc. |
| 753 55th Avenue | R2944476 | 12/16/2024 05:44 PM | 11/14/2024 | Terminated | $3,887,500 | Login to view | Easy List Realty | |
| 753 55th Avenue | R2744506 | 10/15/2023 07:05 AM | 01/06/2023 | Expired | $2,998,000 | Login to view | Sutton Group-West Coast Realty |