2856 W 3rd Avenue, Vancouver
Logan House: The existing house at 2856 West 3rd Avenue was built in 1924 for Robert Logan, and is a good example of "Craftsman Housing" constructed just after the First World War. Designated Heritage B by the City of Vancouver and had a Heritage Revitalization Agreement negotiated, that raised the FSR for a renovated home to .87 (Under Docs) With a 4000SF Lot this allows for a 3480SF home. This agreement would have to be re-negotiated with the city of Vancouver. The home is livable and was Tenanted for $4000/Month up to Aug. 2018. Some decking needs to be replaced both forward and rear decks. "Sold As Is Where Is" and priced well below the land value. Location is North of 4th in a traffic calmed, bicycle friendly, walk friendly area. A part of Kitsilano that is coveted by your neighbours.
Taxes (2017): $7,075.86