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199 OLD BLACK MINE ROAD, No City Value

$1,375,000

This 1,639,162.8 sqft property in No City Value 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.

Spectacular location! 37 Acre property has amazing views of the Princeton Valley, access to the Tulameen River, and is a short 5 minute drive to Princeton. Located at the end of a quiet "No through road" in a peaceful park-like setting, private and away from neighbors. Large 4 bed home has stunning features throughout. Under documents, see a list of recent renovations and upgrades. There is a second residence (manufactured 2 bed home) on the property in addition to a rustic 600 sq ft. cabin in the secluded top end of the parcel. Amenities included in this farm/ranch property are: Huge barn / workshop, 1200 sq ft greenhouse, 4600 sq ft fenced garden (deer proof) Pole barn 44x22 ft. Chicken coop/barn 55X23 ft. Wood shed 12X21 ft. plus additional out-buildings. Backs onto crown land.

How this price compares

This lot asks $1 per square foot of lot. That is 98% below the median of $41 across the 11 active lots VanPlex is showing in No City Value, and puts it 1 of 11 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
$1,375,000
Lot size
1,639,162.8 sqft
Bedrooms
4
Bathrooms
3
Year built
1978
MLS® area
FVREB Out of Town
MLS® number
R3109888

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Listing data via MLS®. Displayed for information only.