50 E 12th Avenue, Vancouver, BC
- 4 beds
- 3 baths
- 2,236 sqft
- lot size: 4,059 sqft
- 1908 built
Mount Pleasant VE
$6,251 / 2019
2 Storey w/Bsmt.
|SIZE: 2,236 sqft||TAXES (2019): $6,251|
|TYPE: House/Single Family||$/Sq.Ft: 1073|
|SUBAREA: 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 - re develope 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.
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