Bedrooms: 5
Bathrooms: 3
Living Area: 2,830 sqft
Price Per Sqft: $1,413.39
Live well now, build later, this offers both. A very liveable 2,830 sq ft character home on a 56 ft x 8,245 sq ft lot, one block from Queen Elizabeth Park and minutes to King Edward Station and Oakridge Park. The real story is the land: Tier 3 of the King Edward TOA (up to 3.0 FSR, 8-storey rental potential), inside the Phase 3 Cambie Corridor Plan and the Villages Plan, with outright R1-1 multiplex zoning and RM-8 stacked townhouse potential. Multiple zoning pathways mean multiple exits: hold and rent, build a multiplex, pursue townhouses, or explore assembly with neighbouring lots for a transit-oriented rental project. Family-friendly block, top school catchments, and a land bank that grows more valuable with every policy shift. Opportunities like this rarely surface.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Iman Asemani for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
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