About This Home

This 5-bedroom, 3-bathroom single family at 2474 E 24th Avenue in Vancouver, BC is listed for $1,598,000 ($674 per sqft). Built in 1983, the home offers 2,370 sqft of living space on a N/A lot.

Key Features

Built in 1983

Property Details

3 full

1983

Listing Description

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 prope

rty 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

$8,546/mo

20% down · 6.5% · 30 years

Principal$1,156

Interest$6,925

Insurance$466

Estimates only. Actual payments may vary.

Location

2474 E 24th Avenue

Vancouver, BC

Questions & Answers

This 5-bedroom, 3-bathroom single family at 2474 E 24th Avenue is listed at $1,598,000 ($674/sqft). The estimated monthly payment is $8,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1983.

This property is listed by Anish Somani.

Anish Somani

Agent at Engel & Volkers Vancouver

2474 E 24th Avenue, Vancouver, BC