INVESTOR & BUILDER ALERT! Discover a prime opportunity in South Vancouver. This 7,900 SQFT lot offers significant development potential, including the possibility of constructing up to 8 units under future multi-family zoning (subject to City approval). Perched on the high side, the property offers stunning southern views of Richmond and the Fraser River. It is currently owner-occupied with two rented basement units generating steady income while permits are pending. Located near Fraser Street, Main Street, 49th Avenue, and the Punjabi Market, the property is surrounded by ample amenities and transit options. With its solid construction and recent renovations, this home is ideal for long-term investment or redevelopment. Don't miss this exceptional opportunity. (id:58426)
MLS® Number | R2985345 |
Property Type | Single Family |
Neigbourhood | Victoria-Fraserview |
AmenitiesNearBy | Recreation, Shopping |
Features | Central Location |
ParkingSpaceTotal | 2 |
BathroomTotal | 4 |
BedroomsTotal | 10 |
Appliances | All |
ArchitecturalStyle | 2 Level |
BasementDevelopment | Unknown |
BasementFeatures | Unknown |
BasementType | Full (unknown) |
ConstructedDate | 1967 |
ConstructionStyleAttachment | Detached |
FireplacePresent | Yes |
FireplaceTotal | 1 |
HeatingType | Baseboard Heaters |
SizeInterior | 4200 Sqft |
Type | House |
Garage | 2 |
Acreage | No |
LandAmenities | Recreation, Shopping |
SizeFrontage | 87 Ft ,1 In |
SizeIrregular | 7897.43 |
SizeTotal | 7897.43 Sqft |
SizeTotalText | 7897.43 Sqft |
https://www.realtor.ca/real-estate/28110660/753-e-55th-avenue-vancouver
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Rimpy Hothi
Personal Real Estate Corporation, Rimpy Hothi Group