Attention Builders, Developers & Investors! Don't miss this rare opportunity in Ottawa Garden. Nestled in Lower Lonsdale's vibrant heart a 50 x 120 multi family Lot close to transit, boasting with downtown views. The existing full duplex is well maintained, offering rental potential of approximately $10,000/month. Approved building permit ready to construct three 1800 sqft units. Alternatively, leverage the new housing law to maximize potential, up to six units spanning approximately 9000 sqft, benefitting from the transit-oriented zone designation. A lucrative venture awaits!
Listed by Sutton Group-West Coast Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Josh Mulherin Vancouver Real Estate 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. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.
MLS®: | R2849196 |
Type: | Duplex |
Bedrooms: | 3 |
Bathrooms: | 6 |
Square Feet: | 3,172 sqft |
Lot Size: | 6,000 sqft |
Frontage: | 50.00 ft |
Depth: | 120.00 ft |
Full Baths: | 4 |
Half Baths: | 2 |
Taxes: | $7475.63 |
View: | Downtown & water views |
Storeys: | 3 storeys |
Year Built: | 1978 |