House in Knight, Vancouver East

Investors, developers and home buyers, don't miss out! Property features a 6-bed, 2.5 bath layout w/ basement suite for extra income. Oversized lot, nearly 4,900 sqft, zoned R1-1, offers prime development potential. Build multiplex (up to 4 units) or your dream home. City has just approved new guidelines for multiplexes: 0.7 FSR + an extra 30% FSR for stratified units or market rental housing units. Total 1.0 FSR potential buildable square footage. Easy transit access and within the Sir Sandford Fleming and David Thompson catchment area. Perfect for families or holding property for future land assembly (with house on main arterial road). Buyers must verify zoning and information with the City. Currently tenanted.

Listed by Skyline West Realty.