6 bed
3 bath
2,036 sqft
Single Family Residence
Built in 1951
3,484 sqft lot
2 parking
Freehold NonStrata
R1-1 zone
Public remarks
Investor, Builder, Up-sizer alert! This home in East Vancouver offers exceptional rental income and great redevelopment potential. Featuring a south-facing backyard, the property has potential for additional laneway house or multi-unit redevelopment. The upper level has three bedrooms and 1.5 bathrooms. The lower level features a separate three-bedroom rental suite, providing excellent income potential. With functional layouts on both floors, this home is ideal for investors or multi-generational families. Located in a high-demand area, this property is close to transit, schools, parks, and shopping, making it a valuable long-term investment. Don’t miss out on this rare opportunity to own a versatile income-generating home with future development options!
Private remarks
All measurements from REV Studio, should be verified by the Buyer. ***Tenanted property, 48hr notice required for any showings.***
Buyer agency compensation
3.255% of the first $100,000 and 1.1625% of the balance
$1,680,000 ($825/sqft)
Active
Listed
03/06/2025
Expiry date
Original price
Gross taxes (2024)
$6,975.11
Property transfer tax
$31,600.00
Last Updated: 03/06/2025 11:16 AM
Courtesy of Sutton Centre Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
986 57th Avenue | R2974564 | 03/06/2025 11:16 AM | 03/06/2025 | Active | $1,680,000 | Login to view | Justin Deng PREC* | Sutton Centre Realty |