Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · House · Vancouver

2474 E 24TH Avenue

Vancouver, BC V5R5X6

$1,598,000

27 days on market

Bedrooms
5
Bathrooms
3
Floor area
2,370 sq ft
Type
House
Year built
1983
Parking
2
Taxes
$8,183.14 (2026)
MLS®
R3163558

About this home

Exceptional investment opportunity with significant future redevelopment potential. Situated on a 3,828 sq. ft. lot directly abutting the Nanaimo SkyTrain Station and bus loop, the property falls within 200 metres of BC's Transit Oriented Areas, permitting a minimum 20 storeys and 5.0 FSR (up to 5.5 FSR permitted by the City of Vancouver) The property may also be assembled with the neighbouring property at 4011 Kamloops Street, creating an enhanced future redevelopment opportunity. The existing home offers just under 2,400 sq. ft. over two levels, with 5 bedrooms and 3 bathrooms. An excellent opportunity to live in or hold as a rental investment while benefiting from the certainty of substantial future development potential in a highly transit-oriented area.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$7,076
Strata fee$0
Property taxannual ÷ 12$682
Est. monthly total$7,758
Down payment + BC property transfer taxbefore any first-time buyer exemption$349,560

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Listing courtesy of Engel & Volkers Vancouver. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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