261 W 22nd Ave, Vancouver, BC V5Y 2G3

$2,490,000
7
BD
3
BA
2,490
SqFt

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List Price
$2,490,000
Status
ACTIVE
MLS® #
R3180253
Year Built
1938
Subtype
Single Family Residence
Stories
2
Bedrooms
7
Total baths
3
Living Area
2,490
Area
Vancouver West
Community
Cambie

Property Description

DEVELOPMENT OPPORTUNITY in Vancouver's sought-after Cambie neighbourhood! This R1-1 zoned property offers multiplex redevelopment potential. The older home is tenanted, providing stable rental income, and features a 4-year-old furnace, 2-year-old hot water tank and 6-year-old roof. Situated on a quiet residential street, approximately 500 metres from King Edward SkyTrain Station, with easy access to downtown Vancouver and Richmond. Enjoy nearby Cambie Village shops, cafés and restaurants, Main Street boutiques, Queen Elizabeth Park, Hillcrest Community Centre, schools and everyday amenities. A rare opportunity for builders, developers or investors to secure a well-located property in an established, transit-friendly community with long-term holding value and future development potential.

Additional Information

Lot Size
4,026
Levels
Two
Acres
0.09
Region
Vancouver West
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.