$1,558,000

4011 Kamloops Street, Vancouver, BC V5R 1X5

MLS® R3163555

Description

Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting Nanaimo SkyTrain Station and bus loop, the property falls within BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver). The existing home offers 5 bedrooms and 4 bathrooms over two levels plus basement, providing an excellent rental investment and holding opportunity. Potential to assemble with neighbouring 2474 E 24th Avenue for an enhanced redevelopment opportunity. Please do not disturb tenants.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,927

Age

99 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

4

Bathrooms

4

Full bathrooms

4

Half bathrooms

0

Living area

2,425 sq ft

Main floor finished area

1,025 sq ft

Basement

Full

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove

Systems

Heating

Baseboard

Lot and parking

Lot size

3,828 sq ft

Lot dimensions

33 x 116

Lot features

Central Location

Parking spaces

0

Parking

Other

Carport spaces

No

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$7,992

Tax year

2,026

Land lease

No

Location

Area

Vancouver East

Neighbourhood

Renfrew Heights

Waterfront

No