1591 BOND STREET, North Vancouver
$3,799,000
This 7,920 sqft property in North Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. North Vancouver applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Slope and view protection can shape the design more than in flatter cities.
Rare opportunity to secure a key corner parcel within a transit-oriented land assembly immediately beside Phibbs Exchange. Combined assembly area of approximately 19,866 sq ft. Located within the Tier 4 TOA (First Ring), permitting significant density potential under provincial transit-oriented development legislation. Corner exposure, transit adjacency and proximity to Lynn Creek and Seylynn Village make this a compelling redevelopment opportunity in a rapidly evolving growth node. Proven rental and development currently all around neighbourhood. Buyer to conduct their own due diligence regarding development potential, density, and zoning requirements.
How this price compares
This lot asks $480 per square foot of lot. That is 82% above the median of $264 across the 182 active lots VanPlex is showing in North Vancouver, and puts it 170 of 182 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
- $3,799,000
- Lot size
- 7,920 sqft
- Lot dimensions
- 60 x 130
- Frontage
- 60 ft
- Bedrooms
- 0
- Bathrooms
- 0
- Year built
- 1970
- MLS® area
- Lynnmour
- MLS® number
- R3131541
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Listing data via MLS®. Displayed for information only.