About 2474 E 24th Avenue
Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area.
Features of 2474 E 24th Avenue
| MLS® # | R3163558 |
|---|---|
| Price | $1,598,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,370 |
| Acres | 0.09 |
| Year Built | 1983 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 2474 E 24th Avenue |
|---|---|
| Area | Vancouver East |
| Subdivision | Renfrew Heights |
| City | Vancouver |
| Province | BC |
| Postal Code | V5R 5X6 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Garage Single, Side Access |
| # of Garages | 1 |
| View | MOUNTAINS |
| Is Waterfront | No |
| Has Pool | No |
| Number Of Kitchens | 2 |
Interior
| Heating | Baseboard, Electric |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony |
|---|---|
| Lot Description | Central Location |
| Construction | Frame Wood, Mixed (Exterior) |
Additional Information
| Ownership Type | Freehold NonStrata |
|---|
Listing Details
| Office | Engel & Volkers Vancouver |
|---|