property-description
Luk Real Estate Group is pleased to list this fully-stratified property containing 14 residential units (8 one-bedroom + 6 two-bedroom) and 4 retail units. The property is fully occupied and produces steady income for investors and developers. As the property consists of 18 strata lots and is 100% owned by one owner, this makes it the perfect for repositioning and provides multiple exit strategies. Under the existing C-2 zoning, the property can be redeveloped as a purpose-built rental building on it own with a density up to 3.50 FSR. If assembled, the property can be redeveloped for up to 3.70 FSR under the existing C-2 zoning. Adjacent to the property is a 6-storey mixed-use development that will deliver 101 Secured Market Rental units.
Tour this home
detailsSection.headers.propertyDetails
Property Tax
: detailsSection.notApplicableLast Updated
: Mon, April 15, 2024Mls Num
: C8051617
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.105Sq Ft Raw
: detailsSection.sqftSub Division
: Victoria VE
detailsSection.headers.exteriorFeatures
Acreage
: 0
mortgage-calculator.title
suggested-listings.similar-city-title
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Copyright© 2024 Greater Vancouver REALTORS®. All Rights Reserved.