5262 Granville Street, Vancouver

MLS®: R2844393
$5,699,000
4550 Sq.Ft. 5 Baths 4 Beds 10,150 Lot SqFt 1931 Built
 WalkScore

Description

Attention: Developers & Investors! Secured Market Rental Policy RESIDENTIAL + SENIOR housing potential in Shaughnessy on large 70'x145 lot. Potential to assemble with surrounding properties. A Exceedingly rare opportunity to acquire a development lot in Vancouver’s coveted Shaughnessy neighbourhood with the potential to rezone up to 6 storey market rental residential/SENIOR housing. Given recent changes to mortgage qualifications and a notable shortage of rental housing, a rental project here will capitalize on significant future demand for rental. Being located at the highest elevation on Granville means future projects will enjoy mountain and city views.

Taxes (2023): $13,064.80

MLS Reciprocity

Listed By: Dracco Pacific Realty

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.