Attention Investors & Builders! An exceptional opportunity awaits in the coveted community of Richmond - a massive 50’ x 125’ R-CG zoned lot (two parcels) directly across from a beautiful park and playground. Surrounded by million-dollar homes, this prime location offers outstanding redevelopment potential, including the possibility for a walkout design. Currently, the property is an up/down(bilevel) with separate entrances, each featuring its own kitchen and electrical service - ideal for generating strong rental income while you plan your future build. The upper suite offers nearly 1,250 sq. ft. with 3 bedrooms plus a family room with wooden fireplace, while the lower illegal suite almost with 1079 sq. ft boasts 2 bedrooms, a spacious family room, 2 full baths, a full kitchen and large windows. Additional highlights include a heated double detached garage with backline entrance and a sought-after location just blocks from vibrant Marda Loop, with its boutique shops, restaurants, and cafes. Enjoy quick access to downtown, major routes, and public transit. R-CG zoning allows for a wide variety of development options: single-detached, semi-detached, rowhouse, townhouse, or fourplex - up to 11m in height, with designs to complement the neighborhood. Opportunities like this in such a desirable inner-city location are rare, act fast!
Attention Investors & Builders! An exceptional opportunity awaits in the coveted community of Richmond - a massive 50’ x 125’ R-CG zoned lot (two parcels) directly across from a beautiful park and playground. Surrounded by million-dollar homes, this prime location offers outstanding redevelopment potential, including the possibility for a walkout design. Currently, the property is an up/down(bilevel) with separate entrances, each featuring its own kitchen and electrical service - ideal for generating strong rental income while you plan your future build. The upper suite offers nearly 1,250 sq. ft. with 3 bedrooms plus a family room with wooden fireplace, while the lower illegal suite almost with 1079 sq. ft boasts 2 bedrooms, a spacious family room, 2 full baths, a full kitchen and large windows. Additional highlights include a heated double detached garage with backline entrance and a sought-after location just blocks from vibrant Marda Loop, with its boutique shops, restaurants, and cafes. Enjoy quick access to downtown, major routes, and public transit. R-CG zoning allows for a wide variety of development options: single-detached, semi-detached, rowhouse, townhouse, or fourplex - up to 11m in height, with designs to complement the neighborhood. Opportunities like this in such a desirable inner-city location are rare, act fast!
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Last updated: 2025-08-15 18:49:39