About This Property
This property is part of a Land Assembly and must be sold in conjunction with 2638 E 49th Ave, 2662 E 49th Ave and 6505 Wales St Vcr (all on MLS). A lot size of approx 21,274 SF with a 185 FT frontage generally qualifies for rezoning under the COV's Secured Rental Policy(SRP) with total buildable of approximately 46,000 to 51,000 SF up to 5 storeys. All information, while deemed to be correct, is not guaranteed. Buyer or Buyer's Agent to verify with COV. Great Location across from Killarney Shopping Centre, short stroll to Corpus Christi School, Waverley & Sir Charles Kingsford-Smith Elementary, Killarney Secondary & Community Centre. Minutes to Champlain Mall, shops, cafe's, restaurants along Victoria Dr & Fraserview Golf Course. Transit on doorstep connecting you to the lower mainland. (id:64973)
At $141 per square foot, this vacant land in Vancouver's Killarney neighbourhood presents a compelling value proposition compared to the city's average of $350 per square foot for similar properties. Given the potential for up to 51,000 square feet of development under the Secured Rental Policy, this property is best suited for experienced real estate developers seeking to capitalize on the growing demand for rental housing in the area.
Property Details
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