LAND ASSEMBLY – Transit-Oriented investment opportunity in a prime location adjacent to Nanaimo Skytrain Station. Buy now and hold for future high-rise redevelopment. Recently announced, Bill 47 (Transit-Oriented Areas) has designated the subject properties for a condo tower at a minimum height of 20 storeys and minimum density of 5.5 FSR. Additionally, the recently adopted Vancouver Plan, designates the Nanaimo Station area as a “Rapid Transit Area” with a potential for residential towers up to 25 storeys. Four lots - 2474 24th Ave & 4011, 4029, 4035 Kamloops Street to be sold together. This site is within close proximity to Trout Lake Park and Community Centre, and conveniently located only 8 minutes from downtown via the Expo Line. Please do not walk on the properties.
| Address | 2474 E 24TH AVENUE |
| List Price | $2,280,000 |
| Property Type | Residential Detached |
| Type of Dwelling | House/Single Family |
| Style of Home | 2 Storey |
| Area | Vancouver East |
| Sub-Area | Renfrew Heights |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Floor Area | 2,370 Sq. Ft. |
| Lot Size | 3828 Sq. Ft. |
| Year Built | 1983 |
| MLS® Number | R2924606 |
| Listing Brokerage | Oakwyn Realty Ltd. |
| Basement Area | None |
| Postal Code | V5R 5X6 |
| Zoning | CD-1 |
| Tax Amount | $6,617 |
| Tax Year | 2023 |
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