LOCATION! LOCATION! LOCATION! This well kept family home is located in the desirable "Arbutus" catchment. Sitting on a large 44' x 122' level lot, this property has desirable R1-1 Zoning with new Bylaws that allows for multiple units like 4 townhouses or a new Home with flexible zoning bylaws with increased FSR (sq. footage) options. A livable/rentable home with 3 bedrooms on the main, and a self-contained 1bdrm suite in the below. Unparalleled location close to Carnarvon Park, New Arbutus Shopping Centre, Arbutus Club, Parks, Schools - Trafalgar Elementary and Prince of Wales Secondary. East access to UBC, shopping, downtown & YVR. Don't miss out on this exceptional opportunity in one of Vancouver's most sought-after neighbourhoods!