Rare investment & development opportunity! Buy, hold, rent, or live in while benefiting from exceptional future development potential. Large over 2,700 sq ft family home extensively updated in 2010 on a 8,634 sf corner lot within a designated TOD area, 600 meters to SkyTrain & Bus Station. Currently generating $5,550/month in rental income from upper & lower suites. Part of a 3-property land assembly with an active development application for a 12-storey condo building with townhomes at the base & over 200 proposed units. Significant capital, time and planning in the current application have already been completed. Close to recreation, shopping, restaurants & fantastic schools. Position yourself for future growth. Contact us for more information including a property information package.