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5942 WALES STREET, Vancouver
2024-04-26
Quick Summary
- Location
- 5942 WALES STREET, Vancouver, British Columbia V5R3N7
- Price
- $1,998,800
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1422ft2
- Bedrooms:
- 4
- Bathrooms:
- 1
- Year of Construction:
- 1942
MLS®#R2875628
Property Description
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:32467)
Property Features
Building
- Architectural Style: 2 Level
- Basement Development: Unknown
- Basement Features: Unknown
- Basement Type: Full (Unknown)
- Construction Style: Detached
- Fireplace: Yes
- Interior Size: 1422 sqft
- Building Type: House
Land
- Land Size: 5640 sqft
Ownership
- Type: Freehold
Information entered by Oakwyn Realty Ltd.
Listing information last updated on: 2024-04-26 19:52:40
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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