5262 GRANVILLE STREET
Shaughnessy, Vancouver, BC

Active
$5,699,000
Listed By: Dracco Pacific Realty
Listed 3 months ago

Details

Beds
4
Bath
5
Kitchens
1
Built
1931
Living Area
4550 SqFt.
Lot Size
10150 SqFt.
Frontage
70.00 Feet
Depth
145.0 Feet

Description

Attention: Developers & Investors! Secured Market Rental Policy RESIDENTIAL + SENIOR housing potential in Shaughnessy on large 70'x145 lot. Potential to assemble with surrounding properties. A Exceedingly rare opportunity to acquire a development lot in Vancouver’s coveted Shaughnessy neighbourhood with the potential to rezone up to 6 storey market rental residential/SENIOR housing. Given recent changes to mortgage qualifications and a notable shortage of rental housing, a rental project here will capitalize on significant future demand for rental. Being located at the highest elevation on Granville means future projects will enjoy mountain and city views.

Site Influences

Lane Access Shopping Nearby

Location

Technical Information

MLS® # R2844393
Property Type House
Dwelling Type House/Single Family
Home Style 2 Storey w/Bsmt.
Kitchens 1
Year Built 1931
Parking Garage; Double
Tax $13,065 in 2023
Strata No VAP5887

Floor Area (sq. ft.)

Main Floor 1,550
Above 1,450
Basement 1,550
Total 4,550

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.