This rare 33x122' RM-4 zoned property located in prime Cambie village allows for the construction of up to four three-bedroom townhomes, utilizing a 1.45% FSR (with CoV approval) and potential for approximately 5,833 square feet of buildable. The property currently enjoys the stability of long-term tenants, making it an attractive investment or development opportunity. Cambie Village is ideally located close to downtown, YVR, and reliable transit options ensures convenience. The vibrant community boasts a wide array of shopping and dining establishments, and a strong sense of community. Families will appreciate the proximity of excellent local schools and parks, creating an ideal environment for both living and investing.
| Address | 582 W 16TH AVENUE |
| List Price | $2,598,000 |
| Property Type | Residential Detached |
| Type of Dwelling | House/Single Family |
| Area | Vancouver West |
| Sub-Area | Cambie |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Floor Area | 1,697 Sq. Ft. |
| Lot Size | 4026 Sq. Ft. |
| Year Built | 1910 |
| MLS® Number | R2843641 |
| Listing Brokerage | RE/MAX Select Properties |
| Basement Area | Full, Fully Finished, Separate Entry |
| Postal Code | V5Z 1S4 |
| Zoning | RM-4 |
| Tax Amount | $7,123 |
| Tax Year | 2022 |
| Site Influences | Central Location, Private Yard, Recreation Nearby, Shopping Nearby |
| Features | ClthWsh/Dryr/Frdg/Stve/DW |
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