1605 E 8TH AVENUE Vancouver East, Vancouver East, BC
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Numerous opportunities for the savvy investor! This well-maintained house is within 200 metres approximately from the SkyTrain station entrance. The provincial government's proposed policy framework suggests a potential 20 storey "Condo Tower". A green, grassy 3,386 square foot level lot affords beautiful backyard mountain views. Existing house features a 2 bed owners' suite up plus ground-floor legal suite. Approximately $66,756 annual revenue from excellent tenants. Favorable RM-4N zoning: expand the house or build a new 3 or 4 unit townhouse complex. Or buy & hold to realize the potential of the proposed provincial policy! All measurements approximate and to be verified By Buyer. All potential development information to be verified by Buyer and confirmed with the City of Vancouver.
