Rare investment opportunity to acquire 7 lots (37,415 SF) with a further possibility to obtain 2 vacant city lots (12,565 SF) totaling almost 50,000 SF (49,980 SF) and 1.15 acres. This T.O.D. ( Transit Oriented Development) is approximately within the city's 200 meter requirement for a higher density development of a potential 30 storey and 5.0 FSR development. This development site is a short walk to the Nanaimo Street Skytrain station, and only a 12 minute train ride commute to downtown as well as a breathtaking 360 degree Panoramic city and mountain views. Land assembly includes 2219, 2231, 2235, 2240 E. 24th as well as 2246 & 2256 Vaness Avenue
Address
2255 E 24th Avenue
List Price
$6,650,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver East
Sub-Area
Victoria VE
Bedrooms
3
Bathrooms
1
Floor Area
1,080 Sq. Ft.
Main Floor Area
1080
Lot Size
6955 Sq. Ft.
Lot Size Dimensions
0 x 0
Lot Size (Acres)
0.16 Ac.
Lot Features
Central Location, Recreation Nearby
Lot Size Units
Square Feet
Total Building Area
2030
Year Built
1964
MLS® Number
R2996755
Listing Brokerage
Sutton Group-West Coast Realty
Basement Area
Partial
Postal Code
V5N 2V3
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Open
Tax Amount
$7,946.54
Tax Year
2024
Site Influences
Central Location, Recreation Nearby
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Other
Levels
Two
Number Of Floors In Property
2