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20841 72ND AVENUE - MLS® # R2951388

Property Details


List Price
$7,200,000
Living Area
670 sqft.
Bedroom
1
Bathroom
1
Lot Size Area
43472 sq.ft.
Taxes
29273.63
Type
House/Single Family
Style
Rancher/Bungalow
Basement
None
Year Built
9999

Description

Rare Development Opportunity! This 43,472 sq. ft. future multi-family development site is located in the family-oriented neighborhood of Willoughby. This property is currently designated as Medium Density Mixed Use (1.9 FSR) under the Smith Neighborhood Plan, however there is potential for higher density subject to city approval. The site is surrounded by active development applications and is generally a flat lot free from watercourses and creeks. Neighboring property 20815 72 Ave is also available for sale, creating a prime development corner. Home on property is currently tenanted providing holding income. With ongoing growth and infrastructure improvements, including Smith Athletic Park and new schools, this is a one-of-a-kind investment opportunity in a rapidly developing area.

Listing Provided By

Homelife Benchmark Titus Realty

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 Real Estate Listing provided by
  • Dexter Associates Realty (Kerrisdale)
  • 560 - 2608 Granville Street
  • Vancouver, BC
  • V6M 2C9