Build your dream home on this rarely available 24,901 sqft estate lot situated just off the coveted "Crescent" in heart of First Shaughnessy, surrounded by some of the most luxurious homes in the city and located on prestigious Olser Street with its wide boulevard and leafy trees. The 1951 construction year should allow construction of a new single family residence up to 9,800 sqft (to be confirmed by purchaser) and an exemption from the restrictions placed on the redevelopment of homes built before 1940. The current home has been updated and is a perfect holding property while you work on design and permitting for construction of your future home. Close proximity to top private schools and easy access to downtown Vancouver and the YVR airport.