White stucco exterior with a prominent bay window, brick chimney, and dark-framed windows

$1,980,000

1616 Nanaimo Street, Vancouver, BC V5L 4V1

MLS® R3161711

Description

Attention, developers, and investors. Great holding revenue. This prime development opportunity, awaits your ideas. possibly to assemble from 13,598 sq. ft. to 27,590 sq. ft Currently C1 zoning city has indicated the developer can apply for C2 possibly up to 3.2 FSR. This site is located in a highly desirable area just minutes to the drive. Buyer to verify the use and potential with the city of Vancouver.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Year built

1,949

Age

77 years

Ownership

Freehold NonStrata

Levels

Two

Interior

Bedrooms

3

Bathrooms

2

Full bathrooms

2

Half bathrooms

0

Living area

2,577 sq ft

Main floor finished area

1,341 sq ft

Basement

Finished

Fireplaces

1

Fireplace type

Other

Appliances

Washer/Dryer, Refrigerator, Stove

Systems

Heating

Forced Air

Lot and parking

Lot size

4,995 sq ft

Lot dimensions

45 x 111

Lot features

Central Location, Lane Access

Parking spaces

2

Parking

Detached, Rear Access

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$8,043

Tax year

2,026

Land lease

No

Location

Area

Vancouver East

Neighbourhood

Renfrew VE

Waterfront

No

Community features

Shopping Nearby