Property Description

INVESTOR & BUILDER ALERT: Discover a prime development opportunity on this 3,696 sq. ft. lot (33' x 112') in the heart of Vancouver´s sought-after Riley Park community. This property offers high-density potential under 2026 Small-Scale Multi-Unit Housing (SSMUH) mandates, providing a streamlined path for multiplex or townhouse projects. Prospective buyers are advised to perform their own due diligence with the City of Vancouver regarding specific density requirements and permits. Currently featuring a "cute and cozy" 848 sq. ft. rancher with 2 bedrooms, mountain views, and a detached garage, the home serves as an excellent holding property for immediate rental income. Ideally situated steps from Nat Bailey Stadium, Queen Elizabeth Park, and Main Street boutiques, this site boasts a high walk score and efficient transit to Downtown and UBC. Purchase individually or as part of a rare strategic land assembly with 5050 and 5064 Main St to maximize project scale in this premier corridor. Call your agent today! (id:7434)