265 FIRST AVENUE, Cultus Lake
$799,900
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.
AFFORDABLE LAKE LIFE w/ LAKE VIEWS! Whether you are looking for a summer retreat or a FABULOUS LOCATION to build that forever home- 265 First Ave is the place to call HOME! This charming 2 bdrm & 1 bath home features a spacious FENCED BACKYARD w/ storage areas, paver stone patios, & room to play! Enjoy the lake views and people watching from the oversized front covered patio all year long. This 30 x 60 CORNER LOT offers a lot of privacy and space to park 2 cars in front. Don't forget about the CULTUS LAKE PERKS... NO PTT and NO SVT! ALSO...common misconception... Cultus Lake is not First Nations Lease Land- it is a Cultus Park Lease and is only $2,228 a year! Renewable 21yr secure leases- call w/ questions or visit the Cultus Lake website! Live your BEST LIFE @ the LAKE!
How this price compares
This lot asks $444 per square foot of lot. That is 33% above the median of $334 across the 13 active lots VanPlex is showing in Cultus Lake, and puts it 11 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
- $799,900
- Lot size
- 1,800 sqft
- Lot dimensions
- 30 x 60 Feet
- Frontage
- 30 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1957
- MLS® area
- Cultus Lake North
- MLS® number
- R3147123
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Listing data via MLS®. Displayed for information only.