Investor & Builder Alert! Outstanding almost 7,900 SQFT lot in desirable South Vancouver with subdivision potential into two generously sized lots and the opportunity for an 8-unit multiplex development. Situated on the high side of the street, the property offers unobstructed southern views overlooking Richmond and the Fraser River. The solid, well-maintained home features two separate basement suites, currently generating rental income, which is ideal as a holding investment during your design and permitting phase. Enjoy unbeatable access to Fraser Street, Main Street, 49th Ave, and the Punjabi Market, placing shopping, transit, parks, and vibrant community amenities right at your doorstep. A rare offering that combines location, scale, and future potential. Suites rented for $5000
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Year built:
1967
(Age: 58)
Living Area:
4,511 sq. ft.419 m2
Building Area - Total:
4,511 sq. ft.419 m2
Levels:
Two
Bedrooms:
11
(Above Grd: 11)
Bathrooms:
5.0
(Full:5/Half:0)
Taxes:
$11,851 /
2025
Lot Area:
7,897.43 sq. ft.734 m2
Lot Frontage:
87'1½"26.6 m
Lot Details:
87.12 x 90.65
Outdoor Area:
Fenced, Balcony
Plan:
4873
Construction Materials:
Frame Wood, Mixed (Exterior)
Property Condition:
Renovation Complete
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:
2,281 sq. ft.212 m2
Floor Area Fin - Total:
4,511 sq. ft.419 m2
Fireplaces:
1
Fireplace Details:
Wood Burning
# Of Garage Spaces:
2.0
Parking Features:
Garage Double, Front Access, Asphalt, Garage Door Opener
Parking:
Garage Double
Parking Total/Covered:
2 / 2
Driveway:
Asphalt Parking
Balcony
Shopping Nearby
2
Garage Door Opener, Window Coverings
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Window Coverings
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 view of property and surrounding area with property boundaries highlighted
Aerial view of residential area
Aerial view of property's location featuring nearby suburban area and property boundaries highlighted
View of property location with nearby suburban area and property parcel outlined
Aerial perspective of suburban area
Aerial perspective of suburban area
Aerial view of property's location featuring nearby suburban area and property boundaries highlighted
Aerial view of residential area
Aerial view of property and surrounding area featuring nearby suburban area and property parcel outlined
Aerial perspective of suburban area featuring property boundaries highlighted
Drone / aerial view
Aerial view of property and surrounding area with nearby suburban area
Aerial view of residential area
Aerial view of residential area
Aerial perspective of suburban area featuring property boundaries highlighted
Ranch-style home featuring brick siding
Fenced backyard featuring a patio
Rear view of property with a garden, brick siding, an outbuilding, and a wooden deck
Listed by SRS Hall of Fame Realty and Sutton Group - Vancouver First Realty
Data was last updated December 6, 2025 at 04:40 PM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$1,699,000
Min list price:
$489,000
Max list price:
$3,799,900
Avg days on market:
73
Min days on market:
1
Max days on market:
501
Avg price per sq.ft.:
$894.74
These statistics are generated based on the current listing's property type
and located in
South Vancouver. Average values are
derived using median calculations. This data is not produced by the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). 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 either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.