
$2,199,999
Listed by: Oakwyn Realty Ltd. · MLS®
Multiplex Development Opportunity in Mount Pleasant! Investor or Builder Opportunity! Can’t decide between a duplex, multiplex, or rental project? This property offers the flexibility to pursue multiple options under the new R3-3 zoning guidelines. Situated on a 49.5’ x 122’ lot in desirable Mount Pleasant, this home presents a rare chance to redevelop in one of Vancouver’s most sought-after neighbourhoods. Whether you’re looking to build a duplex, multiplex, or rental-focused multiplex following R1 regulations, the possibilities are wide open for the right vision. Just steps from shopping, restaurants, the Seawall, and more, this is a prime opportunity to build for eager buyers in one of Vancouver’s most desirable neighbourhoods. Contact me for more details.
Subject: $2,199,999 · $658/sqft
MLS #
R3091826
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
RM-4
Bedrooms
4
Full Baths
1
Half Baths
1
Kitchens
2
Fireplaces
1
Living Area
3,344 sqft
Main Floor
951 sqft
Above Main
1,457 sqft
Basement
Yes
Lot Size
6,039 sqft
Lot Dimensions
49.5 x 122.00
Frontage
49.5
Year Built
1909
Age
117 years
Roof
Asphalt
Construction
Frame Wood, Wood Siding
Structure
Residential Detached
Garage Spaces
1
Parking Type
Garage Single
Taxes
$8,521.05/yr
MLS Area
Mount Pleasant VE
City
Vancouver
Postal Code
V5T 1P1
Heating
Forced Air · Wood
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Fireplace
Wood Burning
Patio / Porch
Patio · Deck
Exterior Features
Balcony
Water Source
Public
Utilities
Community, Electricity Connected, Natural Gas Connected, Water Connected
Property Disclosure
Yes
Coordinates: 49.264109, -123.089818 · Map data © Google
Hot Deal
Deal Score out of 10
Strong value relative to the market with clear seller motivation signals.
Suggested Offer
$2,090,958
5% below list price
Negotiation Range
$2,035,958 – $2,123,958
$88,000 spread
Based on 108 recent sales, a starting offer around $2,090,958 (5% below list price) is reasonable. Your negotiation range is $2,035,958 – $2,123,958.
What's factored in
Based on 108 residential sales in Vancouver (last 60 days) · Updated Jun 19
Source: City of Vancouver Open Data
Enquiry Centre - Addition / Alteration - To demo existing garage and to construct a detached accessory building (24'-0"x21'-0") at the rear of this existing multiple dwelling building on this site. OK for SIPs as per Jamie Zhang, Nov. 24/20 Schedule B Structural & Geotechnical (temp & permanent) submitted per Shaozhe Guo, 778-926-0525 Notes: 1. Garage Roof drainage to tie into the perimeter drain tile system of the principal building. 2. the attic space (of the accessory building) is not to be developed and/or used as habitable space at any time.
Multiple Dwelling
$28,500
Feb 10, 2021
BP-2020-03694