Prime Multifamily Development Opportunity! This large, R8-zoned corner lot is perfect for a four-plex build. Currently featuring a 3-bedroom, 2-bath character home (built in 1905) with a separate 1-bedroom suite. Strategically located near Departure Bay ferry terminal, bus routes, shopping, schools, parks, and major highways—this site offers unbeatable convenience. With two existing water connections, expanding the property is made easier. The mature fruit trees add natural charm, and a successful salon currently operates on the premises. Property is being sold as-is, presenting a unique opportunity for developers and investors. Act fast—this versatile investment won’t last long! All measurements are approximate, buyer to verify if deemed important. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3
Bathrooms
2
Features
Central location, Level lot, Corner Site, Other, Marine Oriented
Listing Contract Date
2024-09-16
Municipal ID
002-061-333
Ownership Type
Freehold
# of Parking Spaces
4
Plan
VIP3987
Property Type
Single Family
Structures
Patio(s)
Transaction Type
For sale
Zoning Description
R8
Zoning
Multi-Family
Building
Architectural Style
Character
Constructed Date
1905
Cooling Type
None
Heating Type
Baseboard heaters
Total Finished Area
1750 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Bathroom
Second level
3-Piece
Other
Second level
8'2 x 7'5
Living room
Second level
Measurements not available x 12 ft
Bedroom
Second level
10'7 x 8'9
Dining room
Second level
7'8 x 5'7
Kitchen
Second level
11'3 x 10'7
Storage
Main level
11'2 x 5'7
Workshop
Main level
15'3 x 11'2
Patio
Main level
15 ft x 12 ft
Sunroom
Main level
9'8 x 6'3
Sunroom
Main level
24'8 x 5'9
Primary Bedroom
Main level
10'9 x 10'8
Living room
Main level
17'1 x 11'2
Bedroom
Main level
10'3 x 7'5
Kitchen
Main level
11'10 x 10'9
Bathroom
Main level
4-Piece
Laundry room
Main level
Measurements not available x 7 ft
Studio
Main level
15 ft x Measurements not available
Land
Total Size
7840 square feet
Size of Irregular Land
7840
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