511 GEORGIA STREET

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$998,000
511 GEORGIA STREET
Vancouver, British Columbia V6A1Z8
MLS® Number: R3105086
Vacant LandType

About This Property

Super rare, 25 X 122 bare land lot in the heart of Strathcona with approved plans designed by a renowned local architect comprising 3,028 square feet of building space (0.99 FSR). The plans consist of 2 separate structures containing 3 units total. The main home, facing East Georgia features two units totalling 1,903 square feet with a roof deck for the upper unit. The lane building consists of 1,125 square feet with an additional 254 square foot garage. This dynamic community rarely has new build opportunities come to market. With the new St. Paul's Hospital being built just around the corner, this area has a phenomenal growth potential in the next few years! Showings by appointment only. Please do not walk the property. More information available upon request. (id:64973)

Rose's Thoughts
Rose Marie Manno

At $327 per square foot, this Strathcona lot is priced competitively compared to the Vancouver market average of $500-$800 per square foot for similar vacant land. The approved plans for a three-unit development make this an attractive opportunity for savvy investors seeking to capitalize on the area's robust rental demand.

Property Details

Lot Size3050 (3,050 square feet)
Property TypeVacant Land
Annual Taxes$5,387
CityVancouver
Postal CodeV6A1Z8
MLS® #R3105086

Location

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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.

Metro Vancouver Realtor · Top South Surrey Agent

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