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5942 Wales Street Vancouver, British Columbia V5R 3N7

4 Bedroom 1 Bathroom 1422 sqft
2 Level Fireplace Forced Air

$1,998,800

Presenting 5942 Wales Street, a prime development site located in the thriving Killarney neighborhood of Vancouver. This property is an excellent opportunity for builders and developers looking to capitalize on the benefits of R1-1 zoning in a highly desirable area. The property features a generous lot of over 5600 square feet, providing ample space for a creative and lucrative development project. With the new R1-1 zoning, this site allows for various residential options, including single-family homes with secondary suites, duplexes, or potentially a small multi-unit residential building, subject to city approval. The site currently houses a well-maintained 4 bedroom, 1 bathroom home that can be utilized as a rental property during the planning and development phases, offering a potential revenue stream. The Peak of Killarney offers views to the south east from the top floors gives builders a unique opportunity to provide an unparalleled outdoor experience from upper or roof top decks. (id:17816)

Property Details

MLS® Number R2875628
Property Type Single Family
Parking Space Total 4

Building

Bathroom Total 1
Bedrooms Total 4
Architectural Style 2 Level
Basement Development Unknown
Basement Features Unknown
Basement Type Full (unknown)
Constructed Date 1942
Construction Style Attachment Detached
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1422 Sqft
Type House

Parking

Garage
Carport

Land

Acreage No
Size Frontage 44 Ft
Size Irregular 5640
Size Total 5640 Sqft
Size Total Text 5640 Sqft

https://www.realtor.ca/real-estate/26804576/5942-wales-street-vancouver