Rarely available development opportunity in a prime East Van location! This unique 49.5 x 132 property fronts onto Turner Street with the rear of the lot facing Ferndale Street, an uncommon configuration that offers design flexibility and access. Situated on a quiet, traffic-calmed block perfectly positioned between the vibrant energy of Commercial Drive & the desirable Hastings-Sunrise community. A short stroll to Templeton High, Bosa Foods, Pepinos, parks, cafés & everyday amenities. RT-5 zoning provides exciting possibilities like a custom single family home, large duplex (2450sqft per side) or a potential 4 unit multifamily project (buyer to verify with the City of Van). The solid, original owner home is well maintained and ideal to renovate, hold or rent while awaiting permits.