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 Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Rancher/Bungalow w/Bsmt.
Ownership:
Freehold NonStrata
Year built:
1970
(Age: 55)
Living Area:
2,584 sq. ft.240 m2
Building Area - Total:
2,584 sq. ft.240 m2
Bedrooms:
3
(Above Grd: 3)
Bathrooms:
3.0
(Full:2/Half:1)
Taxes:
$9,767.47 /
2024
Lot Area:
10,977.5 sq. ft.1,020 m2
Lot Frontage:
50'15.2 m
Lot Details:
50 x 219.55
Plan:
VAP1592
Construction Materials:
Frame Wood, Vinyl Siding
No. Floor Levels:
2.0
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,360 sq. ft.126 m2
Floor Area Fin - Total:
2,584 sq. ft.240 m2
# Of Garage Spaces:
2.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Double, Lane Access, Rear Access
Parking:
Garage Double
Parking Total/Covered:
2 / 2
Shopping Nearby
2
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Aerial map of property and surrounding area featuring property parcel outlined
View of asphalt road with a residential view
View of side of home with a garage and asphalt driveway
Data was last updated July 16, 2025 at 02:40 PM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$1,865,000
Min list price:
$438,600
Max list price:
$3,998,000
Avg days on market:
49
Min days on market:
1
Max days on market:
455
Avg price per sq.ft.:
$885.04
These statistics are generated based on the current listing's property type
and located in
Killarney VE. Average values are
derived using median calculations. This data is not produced by the MLS® system.