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New property listed in Collingwood VE, Vancouver East

Property listed at 3221 CLIVE AVE in Vancouver.
Looking for a nicely maintained house with rental income AND rezoning potential? This is it! DEVELOPMENT SIDE: An anchoring property at a location in the block which will be crucial for developers to have in order to redevelop under the Joyce-Collingwood Station Precinct Plan. This block is part of the V1 Sub-area and can be redeveloped into an apartment building of approximately 6 storeys up to 70 ft. and considered up to a maximum net density of 2.25 FSR. INCOME SIDE: 7 bedrooms, 4 bathrooms, 3 kitchens! Main level has 3 bedrooms and cozy living room. Above ground lower level has two 2-bedroom suites each with their own kitchen. Easy to rent out as it's walking distance to Joyce Skytrain Station. Benefit to Investor & Developer.
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