About This Property
Development opportunity! Chance to secure two 50' x 132' lots and a livable detached house with strong development potential. Separate PID's, 13,200 sq.ft total (6,600 sq.ft per lot). Current zoning (RS4) permits 2 storey + basement houses to be built with a secondary suite (attached or detached). Bill 44 offers potential for an 8 unit development on the two lots. 10 unit detached house development beginning right across the street provides good basis for densification. Short walks to beaches, parks, the scenic Horseshoe Bay Village and frequent transit. Easy access to Hwy 1, Whistler, the Sunshine Coast and the Islands! (id:64973)
The $2,999,000 asking price equates to a competitive $140 per square foot, given West Vancouver's average land value of $200 per square foot. This property's development potential, with the opportunity for an 8-unit build, makes it an attractive option for experienced real estate investors seeking to maximize returns in the high-demand West Vancouver market.
Property Details
Location
Interested in buying in West Vancouver?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.