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20107 BEACON ROAD, Hope

$949,000

This 43,416 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.

1-acre property featuring a 5-bedroom home, currently rented for $2,800/month. This property offers excellent potential to build a new home and shop. City water and sewer services are available at the property line. Option to purchase together with 20117 Beacon Rd to create up to 11 strata lots. The school and all amenities are located nearby.

How this price compares

This lot asks $22 per square foot of lot. That is 69% below the median of $71 across the 31 active lots VanPlex is showing in Hope, and puts it 4 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
$949,000
Lot size
43,416 sqft
Lot dimensions
162 x 268
Frontage
162 ft
Bedrooms
5
Bathrooms
2
Year built
1978
MLS® area
Hope
MLS® number
R3111335

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Listing data via MLS®. Displayed for information only.