5416 Joyce Street, Vancouver, BC

6 Bedroom Single Family Residence for sale in Collingwood VE area

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• 2025 Sq Ft
• 6 Bedrooms
• 3 Bathrooms

OLDER HOME WITH 3 SUITES BUT MAINLY LOT VALUE, 36X105 LOT WITH MANY POSSIBILITIES AND A VERY UNIQUE ZONING RM-10 WHICH ALLOWS BUILDING OF A TRIPLEX WITH .90 FLOOR TO SPACE RATIO OR 2 HALF DUPLEXES WITH LOCK-OFF SUITES WITH .75 FLOOR TO SPACE RATIO, UNDER THE JOYCE-COLLINGWOOD STATION PRECINCT PLAN WITH ONLY 5 LOTS IN THE BLOCK, ALLOWED TO BUILD A 6 STORIES RENTAL BUILDING WITH 2.4 FLOOR TO SPACE RATIO WITH A MINIMUM OF 3 LOTS ASSEMBLY OR 2.6 FLOOR TO SPACE RATIO WITH A MINIMUM OF 4 LOTS ASSEMBLY, UNDER THE TRANSIT ORIENTED AREA TIER-3 ALLOWED TO BUILD AN 8 STORIES RENTAL BUILDING WITH A 3.0 FLOOR TO SPACE RATIO WITH OTHER LOTS ASSEMBLY. WALK TO RESTAURANTS, SHOPS, PARK, SCHOOL, TRANSPORTATION & THE JOYCE SKYTRAIN STATION. A GREAT INVESTMENT!!!