$1,688,000
Listed by: RE/MAX Crest Realty · MLS®
PRIME EAST VANCOUVER MULTI-FAMILY DEVELOPMENT OPPORTUNITY! A rare offering in a rapidly evolving neighborhood, this 4230 SQFT site strategically located just off Kingsway on Inverness St, well-positioned for potential rezoning, allowing for apartment developments with residential rental tenure at FSRs up to 2.40 (subject to city approval). This is an ideal opportunity for developers looking to invest in a highly sought-after East Vancouver location. Contact us today for more details on this exceptional investment opportunity!
MLS® #
R3127416
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
5
Full Baths
2
Half Baths
0
Fireplaces
0
Living Area
1,780 sqft
Main Floor
890 sqft
Basement
Yes
Lot Size
4,230 sqft
Lot Dimensions
33 x 128.21
Frontage
33
Year Built
1939
Age
87 years
Structure
Residential Detached
Parking Stalls
1
Parking Type
Other, Guest
Taxes
$8,037.55/yr
MLS® Area
Knight
City
Vancouver
Postal Code
V5V 4V6
Heating
Forced Air · Natural Gas
Laundry
In Unit
Fireplace
Insert
Security
Security System
Windows
Storm Window(s) · Insulated Windows
Lot Features
Central Location, Private, Recreation Nearby
Community
Shopping Nearby
Coordinates: 49.253011, -123.080196 · Map data © Google
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Multiplex potential: on a ~393 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.
~1.4 km straight-line to Commercial — Broadway 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.
