Property Description

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 livingÂ andÂ investing.

Property Information

Address	582 W 16TH AVENUE
List Price	$2,598,000
Dwelling Type	House/Single Family
Gross Taxes	$7,123 (2022)
Total Baths	3
Lot Depth	122
Total Bedrooms	3
Lot Sz (Acres)	0.09
Lot Sz (Sq Ft)	4,026
View	-
View -Type	-

Property Type	Freehold NonStrata
List Date	May 16 2024
Style of Home	Other
Approx year Built	1910
Age	114
Floor Area (Sq Ft)	1,697
Frontage	33.00
MLS® Number	R2843641
Postal Code	V5Z 1S4
Community	Cambie
Area	Vancouver