This versatile property with lane access and R1-1 zoning offers exceptional potential for development, allowing for a duplex, a single-family home with a secondary suite, or even a future mixed-use residential building. The renovated home features a functional layout with 2 bdrms & 1 full bath upstairs, making it perfect for a family home or additional income opportunities. The lower level includes 3 bdrms & 1 full bath, offering flexibility as a mortgage helper. Located within just steps from the PNE, providing excellent entertainment & recreational options. With quick access to Highway 1, a short drive to Metrotown & Downtown. Ideally positioned for homeowners and investors! Open House: March 2 Sun, 2-4pm.