This rare 33x122' RM-4 zoned property located in prime Cambie village allows for the construction of up to four three-bedroom townhomes, utilizing a 1.45% FSR (with CoV approval) and potential for approximately 5,833 square feet of buildable. The property currently enjoys the stability of long-term tenants, making it an attractive investment or development opportunity. Cambie Village is ideally located close to downtown, YVR, and reliable transit options ensures convenience. The vibrant community boasts a wide array of shopping and dining establishments, and a strong sense of community. Families will appreciate the proximity of excellent local schools and parks, creating an ideal environment for both living and investing.
Address |
582 W 16TH AVENUE |
List Price |
$2,598,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Area |
Vancouver West |
Sub-Area |
Cambie |
Bedrooms |
3 |
Bathrooms |
3 |
Floor Area |
1,697 Sq. Ft. |
Lot Size |
4026 Sq. Ft. |
Year Built |
1910 |
MLS® Number |
R2825113 |
Listing Brokerage |
RE/MAX Select Properties
|
Basement Area |
Full, Fully Finished, Separate Entry |
Postal Code |
V5Z 1S4 |
Zoning |
RM-4 |
Tax Amount |
$7,123 |
Tax Year |
2022 |
Site Influences |
Central Location, Private Yard, Recreation Nearby, Shopping Nearby |
Features |
ClthWsh/Dryr/Frdg/Stve/DW |