5942 Wales Street | House/Single Family

Presenting 5942 Wales Street, a prime development site located in the thriving Killarney neighborhood of Vancouver. This property is an excellent opportunity for builders and developers looking to capitalize on the benefits of R1-1 zoning in a highly desirable area. The property features a generous lot of over 5600 square feet, providing ample space for a creative and lucrative development project. With the new R1-1 zoning, this site allows for various residential options, including single-family homes with secondary suites, duplexes, or potentially a small multi-unit residential building, subject to city approval. The site currently houses a well-maintained 4 bedroom, 1 bathroom home that can be utilized as a rental property during the planning and development phases, offering a potential revenue stream. The Peak of Killarney offers views to the south east from the top floors gives builders a unique opportunity to provide an unparalleled outdoor experience from upper or roof top decks.