Development Alert! Land assembly potential! Large multi-family duplex generating good rental income holds in incredible opportunity for the savvy investor. The property is situated on the south side of east 3rd street, a major east-west arterial and emerging transit corridor just a few blocks East of Lonsdale, with Moodyville construction in full swing, subject property is zoned RM-2, designated residential level 5 under official community plan allowing for low-rise apartment construction, possibly to 6 stories. Possible bonus FSR, please refer to city. All information and measurements are approximate.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.