12888 FRONT ROAD, Madeira Park
$395,000
This 20,000 sqft property in Madeira Park is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Opportunity in the heart of Madeira Park! This 3-bedroom, 2-bathroom home offers plenty of potential for those looking to bring their ideas and make it their own. In need of TLC and updating, the home is being offered as is, where is. With some renovations and vision, this could be a charming full-time residence, recreational getaway, or investment opportunity. Ideally located within walking distance to Madeira Park's shops, restaurants, services and amenities. A great opportunity to add value in a convenient Pender Harbour location. Please do not walk the property without an appointment. Contact your Realtor to arrange a viewing.
How this price compares
This lot asks $20 per square foot of lot. That is 43% below the median of $35 across the 13 active lots VanPlex is showing in Madeira Park, and puts it 3 of 13 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $395,000
- Lot size
- 20,000 sqft
- Lot dimensions
- 100 x 200
- Frontage
- 100 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1975
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3157320
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Listing data via MLS®. Displayed for information only.