Vancouver's Vacant Lot In Robson Street Is A Real Estate Mystery

In the midst of solid apartment suites, mixed restaurants, and top-of-the-line shopping centers in Vancouver's lively West End neighborhood is a multi-million-dollar land secret that compasses two landmasses and four decades. Heritage expert Donald Luxton says, during an interview with CBC, a substantial parcel at the intersection of Robson and Broughton avenues, opposite the Empire Landmark Hotel, has been mysteriously void since he moved downtown in 1985.

The most recent property appraisal demonstrates the 17,300-square-foot parcel is esteemed at about $8,405,000. Also, records reveal to it is possessed, and has been for quite a while, by an organization in Hong Kong called Melford Estates Limited, which was enlisted in B.C. in 1973.

There's no deficiency of potential uses for the site, which is zoned for private and business use, from a knocking down some pins back road to a childcare office to an eatery or retail space. On the other hand, the city says it didn't get a rezoning application and it can't compel landowners to expand on their properties.

At the point when inquired as to whether the city has ever taken a stab at working with the proprietors to, in any event, take into consideration group greenery enclosures or a recreation center to be based on the site, the city said it was not mindful of such talks. Land specialist Bob Rennie says, in a city where lodging costs are taking off and rental opportunity rates are plunging, all the more should be done to urge landowners to improve utilization of their properties.

In relation to the mystery of the property, here are Forbes' lists of intriguing properties in the United States.

Number 1, The Mushroom House in Pittsford New York, it was listed at $1.1 Million. Coming in second is Frank Gehry's Schabel House in Los Angeles California that was priced at $13 Million. The property is built out of copper, stucco wood, glass, and lead. Third is the Monolithic Dome Home in El Prado Minnesota. This odd shaped abode is priced at $225,000. Fourth is a stone castle in Bronx, New York. This $2.99 Million priced king's abode mimic's a 16^th century castle in Croatia. Last on the list is Seattle Washington's Floating Home. Priced at $3.45 Million, this house is permanently attached in the dock in the Westlake neighborhood.