527 533 GEORGIA ST E

527 & 533 EAST GEORGIA STREET, VANCOUVER. Multi-Family Residential in the heart of Strathcona's revitalized & most vibrant neighbourhood. Currently licensed for 39 Units, 2-Storey Residential Lodge. Rental rate substantially under market on a Double Lot 50'x122'. Development Plans may include utilizing the current market rate in Strathcona's $600-$650/Finished Square Footage and Vancouver's 'Eco-Density' initiatives to maximize usage of subject property. The building is a wood-framed structure with vinyl & metal-clapping exterior with interior finished footage of approximately 7,100 SqFt and a large covered upper patio deck 11'x43'. There are 3 Sets of kitchen facilities, common TV/Lounge and a paved back patio. Paved lane parking. The property is located in the hub of Vancouver's largest inner-city redevelopment of Southeast False Creek including the 2010 Olympic Athletes' Village.