582 W 16th Ave

This rare 33x122' RM-4 zoned property located in prime Cambie village allows for the construction of up to four three-bedroom townhomes, utilizing a 1.45% FSR (with CoV approval) and potential for approximately 5,833 square feet of buildable. The property currently enjoys the stability of long-term tenants, making it an attractive investment or development opportunity. Cambie Village is ideally located close to downtown, YVR, and reliable transit options ensures convenience. The vibrant community boasts a wide array of shopping and dining establishments, and a strong sense of community. Families will appreciate the proximity of excellent local schools and parks, creating an ideal environment for both living and investing. (id:54626)