3240 Clive Ave | 5 bedroom | 4 bathroom | 2,572 SF house in Collingwood VE

Prime Investment Opportunity: Zoned RM-7AN Townhome with Future Development Potential

Explore this exceptional investment opportunity in Vancouver. This property is zoned RM-7AN, allowing for townhomes with land assembly and offering future potential for re-zoning to permit low to mid-rise building development.

Situated in a highly desirable area, this home is in great condition, making it ideal for renting and holding for revenue until assembly occurs.

Upon entry, you’ll be greeted by a grand double-door entrance and a spiral staircase, setting the tone for the elegance and charm found throughout.

Inside, hardwood flooring on both levels, and parquet flooring in two bedrooms on the upper level. The peninsula kitchen features a window sink, granite countertops, and an open layout connecting seamlessly to the eating area and family room.

A highlight of the home is the large solarium leading out to the expansive sundeck, all facing South for maximum sunlight exposure. The primary bedroom boasts a walk-in closet and ensuite with a newer raised sink, while the main bathroom features a jacuzzi tub.

Additional features include hot water baseboard heating, built-in vacuum, hot water on demand, and a lower level with a separate entry and kitchen, offering versatility and potential for additional income.

Conveniently situated, the property offers back lane access and is just a 5-minute walk to the Joyce-Collingwood station, providing easy access to transportation and amenities.