+31 more
$1,598,000
Listed by: Engel & Volkers Vancouver · MLS®
Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of 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 property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area.
MLS® #
R3163558
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
5
Full Baths
3
Half Baths
0
Fireplaces
0
Living Area
2,370 sqft
Main Floor
1,415 sqft
Lot Size
3,828 sqft
Lot Dimensions
33 x
Frontage
33
Year Built
1983
Age
43 years
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
1
Parking Type
Garage Single, Side Access
Taxes
$8,183.14/yr
MLS® Area
Renfrew Heights
City
Vancouver
Postal Code
V5R 5X6
Heating
Baseboard · Electric
Exterior Features
Balcony
View
MOUNTAINS
Lot Features
Central Location
Coordinates: 49.248713, -123.055003 · Map data © Google
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Transit-Oriented Area — Tier 1
~70 m from Nanaimo SkyTrain station
Provincial law requires the city to allow at least 5.0 FAR and 20 storeys for residential here — well above typical single-family zoning. Potential land-assembly interest from developers.
Multiplex potential: on a ~356 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
~70 m straight-line to Nanaimo SkyTrain
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Source: City of Vancouver Open Data
No permits found for this address in the open data registry.
