INVESTOR & BUILDER ALERT! Exceptional opportunity in South Vancouver. This expansive 7,900 SQFT lot offers potential for development, allowing upwards of 8 units with future multi-family zoning possibilities (verify with the City). Positioned on the high side of the street, enjoy stunning southern views of Richmond and the Fraser River. Currently owner-occupied with two rented basement units, providing significant rental income while awaiting permits. Located in a vibrant area near Fraser Street, Main Street, 49th Avenue, and Punjabi Market, this property is surrounded by amenities, shopping districts, and transit. A solidly built home with renovations over the years, ideal for holding as an investment or pursuing development potential. Don’t miss this rare opportunity!
Data was last updated December 23, 2024 at 02:10 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$2,398,000
Min list price:
$1,549,000
Max list price:
$4,488,000
Avg days on market:
111
Min days on market:
7
Max days on market:
343
Avg price per sq.ft.:
$1,072.6
These statistics are generated based on the current listing's property type
and located in
South Vancouver. Average values are
derived using median calculations.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.