395 ALDER STREET, Cultus Lake
$949,999
This 2,400 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.
ACTIVE AIR BNB PERMIT! Lake side living at its best! This cozy 3 bed, 2 full bath recently renovated rancher style home is just steps to the lake! Modern & stylish features with an updated kitchen & quartz counters, newer wide plank flooring, pot lights & beautiful shiplap gas fireplace! Spacious primary bedrm with a gorgeous 4 pce bath! Two additional bedrms & additional 4pce fully renovated bathrm & separate laundry with sink/storage. Two inviting patio areas to enjoy plus lane access! Fresh designer paint throughout, & unbeatable location. Perfect family vacation retreat, just a short drive from the city and with profitable investment opportunities!
How this price compares
This lot asks $396 per square foot of lot. That is 18% above the median of $334 across the 13 active lots VanPlex is showing in Cultus Lake, and puts it 9 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
- $949,999
- Lot size
- 2,400 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1961
- MLS® area
- Cultus Lake North
- MLS® number
- R3098827
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Listing data via MLS®. Displayed for information only.