2474 E 24TH AVENUE

Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area. (id:67197)

Price

$1,598,000

Property Type

Single Family

Transaction Type

For sale

Bedrooms

5

Bathrooms

3

Parking

2

MLS® Number

R3163558

Interior Size

2370 sqft

Year Built

1983

Ownership Type

Freehold

Building Type

House

Architectural Style

2 Level

Construction Style

Detached

Bathrooms

3

Fireplace

No

Heating Fuel

Electric

Heating

Baseboard heaters

Interior Size

2370 sqft

Year Built

1983

Size Total

3828 sqft

Size Frontage

33 ft

Acreage

No

• Central location

Ownership Type

Freehold