Property Description

Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 District permits townhouse and freehold rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential density subject to CoV approvals. The property ALSO falls within Tier 3 TOA boundaries, conceivably allowing for a 3.0fsr or up to 8 storeys, Buyers should complete their own due diligence with the City of Vancouver regarding achievable density, unit count and mix, parking, tree retention, servicing, and development approvals. Walk to Marine Station, groceries, banks, restaurants, shops and more. Churchill Sec catchment. 6-bedroom house can provide good rental income. As the multiplex market gathers steam, this is an interesting and beautifully oriented property in a tree-lined community with great walkability and up-zoning opportunities for the savvy buyer. (id:48970)