LAND ASSEMBLY – Transit-Oriented investment opportunity in a prime location adjacent to Nanaimo Skytrain Station. Buy now and hold for future high-rise redevelopment. Recently announced, Bill 47 (Transit-Oriented Areas) has designated the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5.5 FSR. Additionally, the recently adopted Vancouver Plan, designates the Nanaimo Station area as a “Rapid Transit Area” with a potential for residential towers up to 25 storeys. Four lots - 2474 24th Ave & 4011, 4029, 4035 Kamloops Street to be sold together. This site is within close proximity to Trout Lake Park and Community Centre, and conveniently located only 8 minutes from downtown via the Expo Line. Please do not walk on the properties.
| Address |
2474 E 24TH AVENUE |
| List Price |
$2,280,000 |
| Property Type |
Residential Detached |
| Type of Dwelling |
House/Single Family |
| Style of Home |
2 Storey |
| Area |
Vancouver East |
| Sub-Area |
Renfrew Heights |
| Bedrooms |
5 |
| Bathrooms |
3 |
| Floor Area |
2,370 Sq. Ft. |
| Lot Size |
3828 Sq. Ft. |
| Year Built |
1983 |
| MLS® Number |
R2924606 |
| Listing Brokerage |
Oakwyn Realty Ltd.
|
| Basement Area |
None |
| Postal Code |
V5R 5X6 |
| Zoning |
CD-1 |
| Tax Amount |
$6,617 |
| Tax Year |
2023 |
