1 bed
1 bath
758 sqft
Single Family Residence
Built in 1944
3,920 sqft lot
Freehold NonStrata
RM-8 zone
Public remarks
Exciting Development Opportunity. Prime location in the heart of Vancouver's sought-after Marpole neighborhood! This unique offering is for sale, as is the neighbouring property, offering an expansive lot size, creating a rare land assembly opportunity with immense development potential. RM-8 Zoning provides flexibility, OCP Designation allows for the construction of townhomes, maximizing residential density in this growing area. Variance Opportunity with Potential to develop a 10 storey 53-unit Seniors Facility featuring specialized amenities such as compact kitchens catering to the area's need for senior supports. Plans available. This property combined with next door represents a fantastic opportunity for developers, builders or sit and wait investors!
Private remarks
All measurements approximate, buyer to verify if deemed important. Property is being sold as is and with the neighbouring property at 8019 Shaughnessy Street, (same family) for small land assembly. Have City of Vancouver proposal in for 10 storey 53 units multi dwelling development as seniors care building. See conceptual drawings. Contact Adrienne for Data Room Link.
Buyer agency compensation
3.2% on the first $100,000 & 1.15% on the balance
$3,388,800 ($4,470/sqft)
Active
Listed
01/24/2025
Expiry date
Original price
Gross taxes (2024)
$8,631.32
Property transfer tax
$87,440.00
Last Updated: 02/06/2025 02:07 PM
Courtesy of RE/MAX Masters Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
970 64th Avenue | R2960070 | 02/06/2025 02:07 PM | 01/24/2025 | Active | $3,388,800 | Login to view | Adrienne Hewett | RE/MAX Masters Realty |