Exceptional Development Opportunity! This expansive 11,389 sqft lot with lane access offers incredible potential under the new Small-Scale Multi-Unit Housing (SSMUH) Policy Guide. The city has indicated the lot can be subdivided, permitting a duplex on each new lot, with each half duplex including a secondary suite, providing options for multi-family development or investment. Conveniently located close to schools, parks, transit, and major commuter routes, this property is ideal for families, professionals, or investors. Lot size taken from BC Assessment. While development potential is promising, buyers are advised to verify all details directly with the city and seek independent development advice. Don’t miss this rare chance to bring your vision to life in a sought-after neighborhood!
Data was last updated June 4, 2025 at 09:40 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,399,000
Min list price:
$1,249,900
Max list price:
$2,288,000
Avg days on market:
22
Min days on market:
5
Max days on market:
188
Avg price per sq.ft.:
$730.17
These statistics are generated based on the current listing's property type
and located in
Lower Mary Hill. Average values are
derived using median calculations.