5262 GRANVILLE STREET - MLS® # R2844393

Property Value $5,699,000
Living Area 4,550 sq ft.
Bedrooms 4
Bathrooms 5
Lot Size Area 10150.0 sqft

Taxes $13,064
Type House/Single Family
Style 2 Storey w/Bsmt.
Basement None
Year Built 1931

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.

5262 GRANVILLE STREET, Vancouver West

Listing Provided By

Dracco Pacific Realty

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