4029 KAMLOOPS STREET, VANCOUVER

4029 Kamloops Street, Vancouver
$2,280,000

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) will designate the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 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.
PRICE:$2,280,000
BEDROOMS:4
BATHROOMS:2
PARKING:0
YEAR BUILT:1911
FLOOR AREA:1,558 sqft
PRICE/SQ FT:$1,463
MAINT. FEES:$0
TAXES (2023):$6,043
MLS:R2884751
NEIGHBOURHOOD:Renfrew Heights
NICHE:House/Single Family
LISTED BY: Oakwyn Realty Ltd. on May 20th 2024
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