253 FIRST AVENUE, Cultus Lake
$898,900
This 1,800 sqft property in Cultus Lake 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.
PRIME Cultus Lake location on First Ave steps from the lake! This 1950's cottage is perfect for creating family memories OR the perfect lot to build your DREAM HOUSE with stunning LAKE VIEWS! Opportunities abound. So many options... original, rustic cottage is approx 1300 sqft with 2 bdrms, 1 bath and bonus LOFT READY FOR YOUR IDEAS! Lot is situated on First Ave across from 2 lake access and 2 docks - water lovers will be in paradise, plus lane access to give the lot a much larger feel - the perfect building site! Minutes from the marina, golf course, adventure park, water slides, dining and all of the year round activities offered in this fabulous community! LIFE IS SHORT, BUY (OR BUILD) THE LAKE HOUSE!!! You won't regret it!
How this price compares
This lot asks $499 per square foot of lot. That is 49% above the median of $334 across the 13 active lots VanPlex is showing in Cultus Lake, and puts it 12 of 13 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
- $898,900
- Lot size
- 1,800 sqft
- Lot dimensions
- 30 x
- Frontage
- 30 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1956
- MLS® area
- Cultus Lake North
- MLS® number
- R3110579
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Listing data via MLS®. Displayed for information only.