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50 E 12TH Avenue in Vancouver: Mount Pleasant VE House for sale (Vancouver East) : MLS®# R2398428
50 E 12TH Avenue Vancouver V5T 2G5 : Mount Pleasant VE
Attention Builders and Investors! SUPERB redevelopment potential. Less than 2 blocks West from Main Street and already zoned RM-4N (medium density multi-family) Land Assembly possible with 3 adjacent properties. Within the Broadway Skytrain Planning Corridor and less than 350 meters from a Skytrain station at Broadway and Main. The City considers higher densities within 350 meters. Conditional approval in RM-4N permits redevelopment up to 1.45 FSR plus HRA bonus - redevelope this lot by transforming the existing house into a Multiple Conversion Dwelling plus an infill Building: it's already been done on this block. Alternately, hold the property until the Broadway planning process is complete for possible higher densities. Land assembly opportunity: 3 very livable houses.
Listed by Sutton Group-West Coast Realty
Data was last updated April 1, 2020 at 07:05 PM (UTC)