DEVELOPER/INVESTORS ALERT! MAJOR PRICE REDUCTION. Large single family 6 BR home on a beautiful tree lined boulevard. Fully furnished with rental income of $6600/month($79,200/yr) up from $3450/month($41,400/yr). Property recently up-zoned to RM8A which allows for redevelopment at 1.25 FSR for a townhouse and apartment buildings similar to developments in Marpole in South Vancouver. Excellent holding opportunity or as part of a land consolidation.Grandview-Woodland redevelopment plan can be found online at City of Vancouver website. Close to Commercial Dr. shopping, restaurants, recreational facilities and minutes to downtown corridor.
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.