$2,280,000
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..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Mike Bowie 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.
MLS®: | R2851397 |
Type: | House |
Bedrooms: | 4 |
Bathrooms: | 2 |
Square Feet: | 1,558 sqft |
Lot Size: | 3,828 sqft |
Frontage: | 33.00 ft |
Full Baths: | 2 |
Half Baths: | 0 |
Taxes: | $6043.45 |
Basement: | None |
Storeys: | 2 storeys |
Year Built: | 1911 |
Style: | 2 Storey |