About This Property
Prime development opportunity in Vancouver´s highly desirable Fraser neighborhood. This 5-bedroom, 3-bathroom home sits on a 5,822 sq. ft. lot with 40 ft frontage and RS-1 zoning, offering strong redevelopment potential.The property includes a 2-bedroom basement suite providing immediate rental income or a mortgage helper. Existing features also include a detached 400 sq. ft. garage, a large sundeck with storage below, and a spacious backyard.With its generous lot size and excellent location, this property is ideal for building a custom luxury home, duplex, or laneway house (buyer to verify with the City of Vancouver). Conveniently located near schools, parks, transit, shopping, and the vibrant Fraser Street amenities. (id:64973)
The $1,425 per square foot price tag is on the higher end for the Fraser neighborhood, but the property's generous lot size and redevelopment potential may justify the premium. This home is best suited for a developer or investor seeking to capitalize on the area's rising property values and strong demand for new single-family construction.
Property Details
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