C$5,500,000

Panoramic ocean & mountain view, elegant Point Grey character home sitting on over 9200 SF huge lot. Rare R1-1 zoned property with outstanding redevelopment potential. The flexible R1-1 zoning allows for a range of housing options, including single-family homes, duplexes, laneway houses, and multiplex developments of up to 6 homes, or up to 8 secured rental homes, subject to City approval. An excellent opportunity in a highly desirable neighborhood for redevelopment or long-term investment. On transit to UBC, downtown & a short walk to 10th Ave shops & restaurants. Queen Mary and Byng school catchments. Near UBC golf & WPGA school. Absolutely an ultimate dream home!