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) has designated the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5.5 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. (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
33 x 0 ft
Municipal ID
010-134-719
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Architectural Style
2 Level
Basement Development
Partially finished
Basement Features
Unknown
Basement Type
Unknown (Partially finished)
Constructed Date
1912
Construction Style (Attachment)
Detached
Heating Type
Baseboard heaters
Type
House
Parking Spaces
Name
Spaces
Other
Land
Total Size
3828 square feet
Size of Irregular Land
3828
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