LAND ASSEMBLY – Transit-Oriented investment opportunity in a prime location adjacent to Nanaimo Skytrain Station. Buy now and hold for future high-rise redevelopment. Recently announced, Bill 47 (Transit-Oriented Areas) will designate the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5 FSR. Additionally, the recently adopted Vancouver Plan, designates the Nanaimo Station area as a “Rapid Transit Area” with a potential for residential towers up to 25 storeys. Four lots - 2474 24th Ave & 4011, 4029, 4035 Kamloops Street to be sold together. This site is within close proximity to Trout Lake Park and Community Centre, and conveniently located only 8 minutes from downtown via the Expo Line. Please do not walk on the properties.
Listed by Oakwyn Realty Ltd..
Bedrooms: 5
Bathrooms: 4
Living area: 2,425 sqft
MLS® | R2851396 |
Type: | House |
Building: | 4011 Kamloops Street, Vancouver East |
Bedrooms: | 5 |
Bathrooms | 4 |
Square Feet: | 2,425 sqft |
Lot Size: | 3,828 sqft |
Frontage: | 33.00 ft |
Full Baths: | 4 |
Half Baths: | 0 |
Taxes: | $6434.81 |
Basement: | Partly Finished |
Storeys: | 2 storeys |
Year Built: | 1927 |
Style: | 2 Storey |
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