Investor, Builder, Up-sizer alert! This home in East Vancouver offers exceptional rental income and great redevelopment potential. Featuring a south-facing backyard, the property has potential for additional laneway house or multi-unit redevelopment. The upper level has three bedrooms and 1.5 bathrooms. The lower level features a separate three-bedroom rental suite, providing excellent income potential. With functional layouts on both floors, this home is ideal for investors or multi-generational families. Located in a high-demand area, this property is close to transit, schools, parks, and shopping, making it a valuable long-term investment. Don’t miss out on this rare opportunity to own a versatile income-generating home with future development options!
Address
986 E 57th Avenue
List Price
$1,680,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
Vancouver East
Sub-Area
South Vancouver
Bedrooms
6
Bathrooms
3
Half Bathrooms
1
Floor Area
2,036 Sq. Ft.
Main Floor Area
1018
Lot Size
3597 Sq. Ft.
Lot Size Dimensions
33 x 109
Lot Size (Acres)
0.08 Ac.
Lot Size Units
Square Feet
Total Building Area
2036
Frontage Length
33
Year Built
1951
MLS® Number
R2974564
Listing Brokerage
Sutton Centre Realty
Basement Area
Full
Postal Code
V5X 1T5
Zoning
R1-1
Ownership
Freehold NonStrata
Parking
Garage Single
Parking Places (Total)
2
Tax Amount
$6,975.11
Tax Year
2024
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Cooktop
Board Or Association
Greater Vancouver
Heating
Yes
Heat Type
Forced Air, Natural Gas
Garage
Yes
Garage Spaces
1
Levels
Two
Number Of Floors In Property
2
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