Attention builders, investors & redevelopment buyers! Rare high side corner lot with lane access on 2 sides in desirable Fraserview. Approx. 44.5' x 120' lot (5,300+ sqft) with R1-1 zoning offering excellent redevelopment potential for multiplex, duplex + suites + laneway or future infill opportunities (buyer to verify with City of Vancouver). Existing tenant occupied 5 bed, 2 bath home provides holding income while planning your project. South facing front exposure offers panoramic views toward Vancouver Island, while the property BACKS ONTO PARKLAND for added privacy and an open outlook. Minimal large trees maximize the site's potential. Close to schools, Fraserview Golf Course, River District, transit & shopping. Call to view.