7957 COLUMBIA Street, Vancouver, British Columbia V5X2Z3

Property Description

Rare RM-8 and TOA development opportunity on an approximately 8,255 sq.ft. lot, walking distance to Marine Gateway, with dual frontage (W 64th & Columbia). The RM-8 designation allows townhouse and rowhouse forms at up to 1.20 FSR, supporting approximately 9,900 sq.ft. of potential TH density. The property ALSO falls within Tier 3 TOA boundaries, conceivably allowing for a 3.0fsr or up to 8 storeys. Buyers should conduct their own due diligence with the City of Vancouver regarding achievable density, unit count and mix, parking, tree retention, servicing and dev approvals. Walk to Marine Station, groceries, banks, restaurants, shops and more. Churchill Sec catchment. 6-bedroom house can provide good rental income. An interesting and opportunistic property for the savvy buyer. (id:5764)