No photos available
$1,799,000
5517 18th Avenue, Tsawwassen, V4M 2J1
Listed by: LPT Realty ULC · MLS®
4 Bedrooms 3 Bathrooms 2,200 sqft Built 1973 ResidentialNew Listing
About This Property
EXCEPTIONAL DEVELOPMENT OPPORTUNITY! A unique combination of development potential and immediate rental/living options. 5 townhomes are approved, with Development Permit (DP) drawings available for review. The property also features a recently updated 5-bedroom, 3-bathroom home with a basement suite, providing an excellent option for a buyer who wants to live in the property, generate rental income, or hold the property while planning the approved development. An attractive opportunity for builders, investors, or homeowners looking for future development potential with existing accommodation.
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Property Details
MLS® #
R3171050
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
4
Full Baths
3
Half Baths
0
Fireplaces
2
Living Area
2,200 sqft
Main Floor
1,200 sqft
Basement
Yes
Lot Size
8,278 sqft
Lot Dimensions
77 x 107
Frontage
77
Year Built
1973
Features & Finishes
Heating
Forced Air
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Fireplace
Wood Burning
Exterior Features
Balcony
Building & Community
View
farmland and mountains
Lot Features
Central Location
Community
Shopping Nearby
Location
Open in Google MapsCoordinates: 49.035518, -123.070963 · Map data © Google
Draft CPS Offer
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Redevelopment Potential
Multiplex potential: on a ~769 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
