Developer and investor alert!! The property is located in the fast-growing Burquitlam neighborhood. Zoned RT-1 for Triplex development with back lane. Land assembly potential. Great holding property within Tier 3 of the Transit-Oriented Development (TOD) area which potentially allows for the apartment building up to 8 levels with FAR 3 maximum. The Development in planned Transit-Oriented Areas of the Burquitlam/ Lougheed. Walking distance the Burquitlam skytrain station, modern YMCA facility, Safeway and restaurants. Minutes drive to Poirier Leisure Complex and library, Vancouver Golf club, Lougheed mall. Tenanted occupied for income during the application process.