LOCATION

• Situated in the thriving Victoria community, recognized for its robust family-friendly environment, premier shopping, and acclaimed dining scene
• Positioned along the vibrant Victoria Drive, offering a rich selection of Southeast Asian cuisine and iconic eateries
• Close proximity to key retail corridors: Victoria, East 41st Avenue, Knight Street, and Fraser Street
• Strategically located near top educational institutions such as Sir Sanford Fleming Elementary
• Within walking distance to multiple green spaces, including Memorial South Park, Tecumseh Park, and Gordon Park

SCHOOLS

• Sir Sandford Fleming Elementary
• David Thompson Secondary

HOME

• Bright and spacious 3,192 sq.ft of expansive living space
• 5 Bedrooms
• 4 Full bathrooms

LOT

• 4,074.99 sq.ft property
• Property taxes $5,477.48 (2020)

DEVELOPMENT POTENTIAL

• Multiplex Opportunity: Potential to develop 4-6 units at a 1.00 FSR, maximizing density
• Duplex Strategy: Option for duplex development with stratification possibilities, enhancing marketability
• Luxury Single-Family Home: Development at 0.6 FSR, including a premium laneway house at 0.25% FSR, catering to high-end buyers
• Secondary Suite Addition: Build a new residence with an integrated legal secondary suite for diversified revenue streams

PROPERTY SPECIFICATIONS

• Well-maintained Vancouver Special with a highly functional layout, ideal for immediate occupancy or rental income
• Features two additional suites, offering multigenerational living or rental income potential
• Prime 4,075 SF rectangular lot with back lane access, optimal for future development
• Lot dimensions: 33.02 x 123.41 FT – a strategic development parcel
• Infrastructure Highlights: Equipped with a metal roof ensuring durability, a newly replaced hot water tank (2023), and upgraded balconies with a new awning (2020)