508 COLLINS ROAD, Bowen Island
$849,000
This 7,841 sqft property in Bowen 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.
Part of the original Collins Farm property, this cottage sits in a quiet corner close to the Cove, and is walking distance from everything - the school, the ferry, Crippen Park and Pebbly Beach to name a few. Inside features two bedrooms up, along with a solarium on the east side of the home. Downstairs is flexible, with 2 bedrooms that could also double as rec spaces, offices or more. Very sunny, embraced by a mature garden, and also including a double garage.
How this price compares
This lot asks $108 per square foot of lot. That is about the same as the median of $108 across the 13 active lots VanPlex is showing in Bowen Island, and puts it 7 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
- $849,000
- Lot size
- 7,841 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1968
- MLS® area
- Bowen Island
- MLS® number
- R3014118
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Listing data via MLS®. Displayed for information only.