City has zoned this and the neighbouring lots as MID RISE BUILDING 140ft 4.5 FSR. Most of the area is zoned townhouse or low rise condo but this little area is potentially zoned MID RISE 140ft 4.5 FSR. Great opportunity to buy now. Perfect for investors or developers. Directly behind Westbanks's approved 30-storey tower. Steps from the Joyce-Collingwood SkyTrain Station. Most of both sides of Payne St is for sale. Amazing opportunity for the right developer. Call for more info
| Address | 5005 PAYNE STREET |
| List Price | $5,199,000 |
| Property Type | Residential Detached |
| Type of Dwelling | House/Single Family |
| Style of Home | 1 1/2 Storey |
| Area | Vancouver East |
| Sub-Area | Collingwood VE |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Floor Area | 1,600 Sq. Ft. |
| Lot Size | 4851 Sq. Ft. |
| Year Built | 1937 |
| MLS® Number | R2505629 |
| Listing Brokerage | RE/MAX City Realty |
| Basement Area | Full |
| Postal Code | V5R 4J5 |
| Zoning | RS-1 |
| Tax Amount | $5,167 |
| Tax Year | 2017 |
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