Description
Prime investment and development opportunity in the sought after Sapperton neighborhood, just steps from SkyTrain and major transit. Rare over 7,500sqft level lot with lane access and sweeping views of the Fraser River and Mt Baker. Currently tenanted, offering immediate rental income and an ideal holding property. Buyers have the potential to rezone or subdivide, subject to city approval and due diligence. Under existing RS1 zoning, options include a new 3 storey home with legal suites and a laneway house, or a duplex with legal suites for strong income potential. The existing home features four bedrooms upstairs, original hardwood on the main, and a newer hot water tank. Walkable to Royal Columbian Hospital, shopping, schools, and amenities. A rare large lot with income today and long term upside.
