A BUILDER’S GEM! Designated RT-5, 3-level, CHARACTER MERIT property in the family sought after character rich Grandview Woodland area. (Built in 1930 w/ original oak & fir floors). RT-5 zoning + Character Merit = 0.85 FSR, allowing for 3 strata units to be created: 1) a 2-level 3BdRm 3BathRm & Den main house, 2) a 2BdRm 1BathRm garden-level suite, & 3) a 2-level ~900 SqFt 2BdRm+garage infill house off the lane. Located only one block to major Broadway bus routes, 3 blks to Commercial Skytrain, 2 blks to upcoming new public plaza w shopping, 13min walk to Trout Lake Community Ctr, 13-16min skytrain/car ride to Downtown, and right at the hub of bike paths for green living. Building permit in process for 1st stage of full reno. Arborist report indicates trees for removal for infill house.