$3,300,000

7957 Columbia Street, Vancouver, BC V5X 2Z3

MLS® R3151553

Description

Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries, conceivably allowing for a 3.0fsr or up to 8 storeys. Buyers should conduct their own due diligence with the City of Vancouver regarding achievable density, unit count and mix, parking, tree retention, servicing and dev approvals. Walk to Marine Station, groceries, banks, restaurants, shops and more. Churchill Sec catchment. 6-bedroom house can provide good rental income. An interesting and opportunistic property for the savvy buyer.

Property

Property type

Land

Structure

Land Only

Ownership

Freehold NonStrata

Lot and parking

Lot size

8,255 sq ft

Lot dimensions

98.15 x 130 irregular

Lot features

Central Location, Near Golf Course, Recreation Nearby

Parking

Front Access

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$18,517

Tax year

2,025

Land lease

No

Location

Area

Vancouver West

Neighbourhood

Marpole

Waterfront

No

Community features

Near Shopping