32582 FLEMING AVENUE, Mission
$1,375,000
This 13,620 sqft property in Mission 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.
Great opportunity to rezone to MD465 and subdivide into two duplex lots, with potential for a suite in each unit. The existing home offers immediate holding income, with the upper level currently rented at $2,400 per month on a month-to-month tenancy and the vacant basement previously rented for $1,250 per month. Set in a bright, sunny area of Mission with south-facing views toward Mt. Baker, this centrally located property is just minutes from downtown, shopping, schools, and major highway access. A solid investment with excellent redevelopment potential—come explore the possibilities.
How this price compares
This lot asks $101 per square foot of lot. That is 25% above the median of $80 across the 108 active lots VanPlex is showing in Mission, and puts it 73 of 108 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
- 13,620 sqft
- Lot dimensions
- 110 x 120
- Frontage
- 110 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1963
- MLS® area
- Mission BC
- MLS® number
- R3134214
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Listing data via MLS®. Displayed for information only.