5262 Granville Street, Vancouver

MLS®: R2844393
$5,699,000
4550 Sq.Ft. 5 Baths 4 Beds 10,150 Lot SqFt 1931 Built
 WalkScore

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.

Taxes (2023): $13,064.80