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 |
4035 KAMLOOPS STREET |
List Price |
$2,280,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Style of Home |
2 Storey w/Bsmt. |
Area |
Vancouver East |
Sub-Area |
Renfrew Heights |
Bedrooms |
4 |
Bathrooms |
2 |
Floor Area |
2,130 Sq. Ft. |
Lot Size |
3828 Sq. Ft. |
Year Built |
1912 |
MLS® Number |
R2924608 |
Listing Brokerage |
Oakwyn Realty Ltd.
|
Basement Area |
Partly Finished |
Postal Code |
V5R 1X5 |
Zoning |
CD-1 |
Tax Amount |
$6,249 |
Tax Year |
2023 |