14471 MAGDALEN CRESCENT, White Rock
$2,188,000
This 7,200 sqft property in White Rock is a detached single-family home on a lot the new rules make suitable for a multiplex. White Rock follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Lots here are smaller, so lot size is the key check.
Rare West Beach opportunity! Situated on a 7,200 SF RS-2 lot with 60' frontage and lane access, this property offers fourplex redevelopment potential (buyers to verify all details w/ the City). Enjoy panoramic ocean views from all floors - from Mount Baker & iconic White Rock Pier to the west Semiamhoo Bay & gulf islands. This home is generating approximately $3,949/month in rental income from two self-contained tenancies. The existing 3,190 SF home offers 4 bedrooms, 4 bathrooms, multiple outdoor decks and patios, and a walk-out basement. Hold, renovate, or build in one of White Rock's most sought-after neighbourhoods, just minutes to the beach, shops, restaurants and waterfront.
How this price compares
This lot asks $304 per square foot of lot. That is 45% above the median of $209 across the 73 active lots VanPlex is showing in White Rock, and puts it 53 of 73 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
- $2,188,000
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 4
- Year built
- 1972
- MLS® area
- White Rock
- MLS® number
- R3146301
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Listing data via MLS®. Displayed for information only.