Description

Outstanding investment and holding opportunity a stone throw from Broadway and Commercial station. Beautiful 1928 charming home with tremendous investment and development upside. Half a block to Commercial Dr. All the restaurants, amenities, grocery stores within walking distance of this home. Situated right next to a community garden. Grandview Community Plan allows for 3.6FSR 10 storey development. Current RM-4N zoning has a maximum of 1.45FSR. Property backs into the Grandiview Cut. Can be sold together with 1605 E 8th Ave as a share sale held by the same company. Interior pictures taken prior to tenants moving in. $155/SF buildable based on 3.6FSR density. No garage, only street parking, no lane. Fixed term tenancy end Jan 31 2022 (Main) & Dec 31 2021 (suite). Total rent $3840/month

Taxes (2020): $5,179.17

Features

ClthWsh Dryr Frdg Stve DW
MLS Reciprocity

Listed By: Sutton Group-West Coast Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.