A rare opportunity to acquire an exceptionally deep 33' × 172.56' lot with elevated views overlooking Trout Lake. Flexible R1-1 zoning allows for a single-family home with a secondary suite, duplex with secondary suite(s), or a multiplex development of up to 4 units at 1 FSR and up to 3 parking stalls. The property is located outside of the peat bog as per VanMaps, and renderings illustrate a 3-unit multiplex development with generously sized units, ideal for multi-family living or market development. Commercial Drive is home to one of Vancouver's most inclusive, dynamic, and family-friendly neighbourhoods. Walk, bike, or take transit throughout the city to your favourite cafes, shops, and restaurants. Live within steps to Trout Lake Community Centre and the farmers' market.