About 2255 E 24th Avenue
Rare investment opportunity to acquire 7 lots (37,415 SF) with a further possibility to obtain 2 vacant city lots (12,565 SF) totaling almost 50,000 SF (49,980 SF) and 1.15 acres. This T.O.D. ( Transit Oriented Development) is approximately within the city's 200 meter requirement for a higher density development of a potential 30 storey and 5.0 FSR development. This development site is a short walk to the Nanaimo Street Skytrain station, and only a 12 minute train ride commute to downtown as well as a breathtaking 360 degree Panoramic city and mountain views. Land assembly includes 2219, 2231, 2235, 2240 E. 24th as well as 2246 & 2256 Vaness Avenue
Property Details of 2255 E 24th Avenue
| Price | $6,650,000 |
|---|---|
| Year Built | 1964 |
| Stories in Building | 2 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Floor Levels | 2 |
| Main Floor | 1,080 sqft |
| Total Size | 1,080 sqft |
| Bedrooms | 3 |
| Full Baths | 1 |
| Heating | Other |
| Basement | Partial |
| Title to Land | Freehold NonStrata |
| Property Taxes | $7,947 |
Amenities and Features
| Parking Type | Open |
|---|---|
| Site Influences | Central Location, Recreation Nearby |
Lot Size
| Lot Area | 6,955 |
|---|---|
| Depth | 0 x 0 |
Listing Details
| MLS® # | R2996755 |
|---|---|
| Status | Active |
| Listing Date | May 1st, 2025 |
| Address | 2255 E 24th Avenue |
| Subdivision | Victoria VE |
| Area | Vancouver East |
| Province | BC |
| Listing Office | Sutton Group-West Coast Realty |