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2610 GUNWHALE ROAD, Pender Island

$549,000

This 19,166.4 sqft property in Pender Island 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.

Ocean views and exciting potential in the mid-century fixer-upper! ! Set on a quiet cul-de-sac, this 3-bed, 2-bath home enjoys views over Shingle Bay, out toward Swanson Channel and across to Gulf Islands National Park. The main level offers one-level living, with 3 bedrooms, 2 bathrooms and laundry located on the same floor. With its mid-century character, the home is ready for a new owner to restore its original style or live there and make improvements over time. The lower level provides space for a workshop, studio with ocean view, walk-out to deck and storage. A metal roof and heat pump are already in place. On Magic Lake water and septic. Located close to walking trails, ocean access and low-cost moorage at Thieves Bay Marina.

How this price compares

This lot asks $29 per square foot of lot. That is 85% below the median of $185 across the 4034 active lots VanPlex is showing in Metro Vancouver, and puts it 292 of 4034 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
$549,000
Lot size
19,166.4 sqft
Lot dimensions
0 x
Frontage
0 ft
Bedrooms
3
Bathrooms
2
Year built
1970
MLS® area
Pender Island
MLS® number
R3149034

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Listing data via MLS®. Displayed for information only.