A15 ADMINISTRATIVE REPORT Date: November 26, 1996 Dept. File No. TO: Vancouver City Council FROM: Manager of Real Estate Services SUBJECT: Demolition of House - 5333 Chester Street RECOMMENDATION A. THAT Council approve the demolition of the residential rental building at 5333 Chester Street legally described as Lot 19, Block 2, District Lots 668, 669 and 670, Plan 1209, with the cost of demolition estimated to be $8500.00 charged to the Sundry Rental Account 60/09/9114/396. B. THAT Council authorize the Director of Legal Services to execute a reference Plan on behalf of the City establishing the South 17 feet of Lot 19 for road and West 2 feet for lane. GENERAL MANAGER'S COMMENTS The General Manager of Corporate Services RECOMMENDS approval of A and B. COUNCIL POLICY The Zoning and Development By-law Section 10.12 outlines the procedure for demolition of residential rental accommodation. BACKGROUND On July 22, 1986 Council approved the acquisition of the single-family dwelling at 5333 Chester Street for the future widening of East 37th Avenue (see Appendix A). The house has been residential rental accommodation since that time and it is a capital asset. -2- DISCUSSION The subject property is improved with a two bedroom basement home situated on a 3,630 square foot RS-1S zoned lot. The house, built in 1911, is vacant and it is not on the Vancouver Heritage registry. Due to the age of the dwelling it is in a deteriorating condition and it is estimated that it would require an expenditure of at least $30,000 to bring it up to an acceptable living standard. The current rental income for the property is $750.00 per month or $9,000.00 per annum. The additional right-of-way to establish a 50 foot road allowance requires the dedication of a 17 foot strip from the property onto which the building encroaches. Following the dedication the remaining 16 foot strip can be sold to the adjoining property owner to the north for consolidation with their lot. CONCLUSION Considering the age of the house, the cost of upgrading and that it is currently vacant, the Manager of Real Estate Services recommends that the house at 5333 Chester Street be demolished. This could lead to discussions with the private owner to the north to purchase 16 feet of the lot for consolidation with their property and the dedication of the remaining 17 foot portion for road purposes. The cost of demolition to be charged to the Sundry Rental Account 60/09/9114/396. * * * * *