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19834 PETER STREET, Hope

$499,000

This 8,799 sqft property in Hope 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.

Solid 4 bedroom, one and a half bath rancher on a large almost 9000 sq/foot lot in private location. Amazing outdoor space with 25'X 20' covered deck, huge garden beds, greenhouse, fruit trees, fully fenced yard and mature and attractive landscaping. Detached 12'X 25'garage/workshop and 12'X 12'gym. This home has almost 1300 square feet of living space as well as a part basement for storage. House is well maintained and ready for your ideas. This is an amazing opportunity for first time buyers, active retirees or investors. Close to schools, shopping and recreation. Just a short drive away from beautiful Silver lake.

How this price compares

This lot asks $57 per square foot of lot. That is 20% below the median of $71 across the 31 active lots VanPlex is showing in Hope, and puts it 11 of 31 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
$499,000
Lot size
8,799 sqft
Lot dimensions
88 x 100
Frontage
88 ft
Bedrooms
4
Bathrooms
2
Year built
1956
MLS® area
Hope
MLS® number
R3139626

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Listing data via MLS®. Displayed for information only.