50 E 12th Avenue, Vancouver East, BC

Residential, House

  • $2,388,000
  • 4 BEDS
  • 3+1 BATHS
  • 2,599 sq.ft. Home
  • 50 E 12th Avenue, Vancouver East, BC
  • 4 BEDS
  • 3+1 BATHS
  • 2,599 sq.ft. Home
  • $2,388,000

Key Facts

  • MLS® #: R2530623
  • Property ID: SIRC646645
  • Property Type: Residential, House
  • Living Space: 2,599 sq.ft.
  • Lot Size: 377.09 sq.m.
  • Year Built: 1909
  • Bedrooms: 4
  • Bathrooms: 3+1
  • Approximate Age: 112
  • Other Taxes 2020: $5,848
  • Listed By:
  • Saba Realty Ltd.

Property Description

Attention Builders and Investors! Very solid and livable 1909 house (metal roof) with SUPERB development options and location - 2 blocks West from Main Street, less than 350 metres from future Skytrain station at Broadway and Main (Council considers higher densities within 350 metres). Already zoned RM-4N (medium density multi-family) - Conditional approval permits redevelopment up to 1.45 FSR plus HRA bonus. Redevelop by transforming the existing house into a multiple Conversion Dwelling plus an infill Building to get 3 or 4 strata titled units: it's already been done on this block. Alternately, hold the property until the Broadway planning process is complete for possible higher densities.

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Addendum

Clothes Washer/Dryer,Drapes/Window Coverings,Refrigerator,Stove, Central Location,Lane Access,Paved Road,Recreation Nearby,Shopping Nearby

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This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. Copyright 2021 by the Real Estate Board of Greater Vancouver, Fraser Valley Real Estate Board, Chilliwack and District Real Estate Board, and BC Northern Real Estate Board. All Rights Reserved.
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