Prime Investment Opportunity: 3-Bedroom Home with Updated Development Potential Explore this exceptional 3-bedroom, 1-bathroom home, ideally situated on a generous 0.26-acre lot in a highly sought-after city-center location. The property features a flat, accessible layout with ample parking, a detached garage, and dual access via both city streets and a laneway. Inside, the home offers a versatile floor plan, ready for your custom touches. The expansive lot provides a peaceful setting with plenty of space for outdoor living or future expansion. Investor Alert: Recent municipal zoning updates in British Columbia now allow up to four residences per property without requiring additional zoning changes. This makes the property a standout option for developers and investors looking to capitalize on the new regulations. The ability to add multiple residences maximizes the investment potential, transforming this property into a lucrative opportunity in a rapidly evolving market. Don’t miss out on this rare chance to own or develop in one of the city’s most desirable locations. Whether for personal use or as a strategic investment, this property offers endless possibilities. Act now to secure your future in this prime city locale. (id:2493)
Data was last updated January 25, 2026 at 03:15 AM (UTC)
Area Statistics
Listings on market:
97
Avg list price:
$599,000
Min list price:
$185,000
Max list price:
$3,495,000
Avg days on market:
58
Min days on market:
1
Max days on market:
265
Avg price per sq.ft.:
$361.93
These statistics are generated based on the current listing's property type
and located in
Main North. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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