$3,590,000
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Don’t miss this rare investment opportunity in Vancouver’s sought-after Killarney neighbourhood – this extra-large 10,977 SF lot (50 x 219.55) with back lane access offers prime redevelopment potential under R1-1 zoning with maximum FSR 1.0. This is an exceptional opportunity for developers and investors looking to build a multiplex (housing options include multiplex up to 6 dwelling units, or up to 8 rental dwelling units), duplex, or a single detached home. The existing 3 Bed, 2.5 Bath home spans 2,584 SF with a functional layout and spacious basement with recreation room, making it an excellent holding property with rental income potential, with a highly desirable location close to schools, shopping, and transit. (*Buyer to confirm redevelopment regulations with City of Vancouver.)
Property Details
MLS #
R3018780
Status
Active
Type
Residential
Sub-type
Single Family Residence
Style
Rancher/Bungalow w/Bsmt.
Ownership
Freehold NonStrata
Zoning
R1-1
Bedrooms
3
Full Baths
2
Half Baths
1
Kitchens
1
Living Area
2,584 sqft
Main Floor
1,360 sqft
Basement
1,224 sqft fin.
Lot Size
10,977.5 sqft
Lot Dimensions
50 x 219.55
Frontage
50
Year Built
1970
Age
55 years
Roof
Other
Construction
Frame Wood, Vinyl Siding
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
2
Parking Type
Garage Double, Lane Access, Rear Access
Original Price
$3,590,000
Taxes
$9,767.47/yr
Listed
2025-06-23
MLS Area
Killarney VE
City
Vancouver
Postal Code
V5P 1T9
Features & Finishes
Heating
Forced Air · Natural Gas
Flooring
Vinyl · Carpet
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Patio / Porch
Patio · Deck
Building & Community
Lot Features
Near Golf Course, Recreation Nearby
Water Source
Public
Sewer
Public Sewer, Sanitary Sewer, Storm Sewer
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Community
Shopping Nearby
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.225305, -123.061112 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Offer Advisor
High confidenceSuggested Offer
$3,392,785
5.5% below asking price
Negotiation Range
$3,303,035 – $3,446,635
$143,600 spread
Based on 82 recent sales, a starting offer around $3,392,785 (5.5% below ask) is reasonable. Your negotiation range is $3,303,035 – $3,446,635.
What's factored in
Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4
More Homes in Killarney VE
$1,699,000
Days listed
244d
Killarney VE
Listed by RE/MAX Crest Realty
$1,398,000
Days listed
244d
Killarney VE
Listed by RE/MAX Crest Realty
$1,639,000
Days listed
252d
Killarney VE
Listed by RE/MAX City Realty
$1,639,000
Days listed
252d
Killarney VE
Listed by RE/MAX City Realty