1605 8th Avenue, Vancouver, V5N 1T6

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Description

Numerous opportunities for the savvy investor! 200 metres approximately from the SkyTrain station entrance, the provincial government's proposed policy suggests a potential 20 storey "Condo Tower". Green, grassy 3,386 square foot level lot affords beautiful backyard mountain views. Well-maintained house has 2 bed owners' suite up plus ground-floor legal suite. Approximately $66,756 annually from excellent tenants. Favourable RM-4N zoning: expand or build a new 3 or 4 unit townhouse complex. Or buy & hold to realize the potential of the proposed provincial policy! Next door 1583 E 8th also for sale separately: MLS #R2786946. All measurements approx to be verified by Buyer-byBC Floor plans)All potential development information to be verified by Buyer and confirmed with the City of Vancouver.

4 months

On Market

House/Single Family

Property Type

$7,646 / Year

Est. Taxes

2 Storey

Style

-

Garage

Full

Basement