5262 GRANVILLE STREET

Vancouver

Quick Summary

MLS® Number
R2844393
List Date
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State
BC
MetroPolitan
Metro Vancouver
City
Vancouver
District
Shaughnessy
Price
5,699,000$
Status:
Active
Property Type:
House
Area:
4550.00ft2
Lot Size:
10150ft2
Bedrooms:
4
Bathrooms:
5
Rooms Overall:
12
Year of Construction:
1931
Brokerage:
Dracco Pacific Realty

Property 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.

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