5430 Melbourne Street

This 6 bedroom, 3 bathroom family home sits on 5,797 square ft CORNER lot (54.91 x 107) and offers 2,824 square ft of living space, configured with 3 bedrooms and 2 bathrooms (including one ensuite) up, plus a self contained 3 bedroom, 1 bathroom suite down. The home was previously renovated but will require work and fixes throughout. Versatile opportunity to update, hold as investment, or build new! Zoned R1-1 and located within Tier 3 of the Joyce-Collingwood Station Transit oriented area (400-800 m from the Skytrain station) the property carries meaningful future redevelopment upside under the City's TOA policy, in addition to other multiplex options under current zoning.