5092 JOHNSTONE ROAD, Madeira Park
$599,000
This 17,860 sqft property in Madeira Park 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.
Perfect site to build your dream home or a nice Reno project! Located just off the Sunshine Coast Hwy on Johnstone Rd, walking distance to shops, restaurants, & the local marina. Situated on a large and flat 17, 860sqft private sunny lot with a peek-a-boo ocean views. The main level of the home features 2 bedrooms, large kitchen, living/dining room, 4 piece bathroom, & AC for hot summer afternoons. The lower level boast 1493sqft of mostly unfinished basement. Included on the property is a large detached garage/workshop. Great property in a prime Madeira Park!
How this price compares
This lot asks $34 per square foot of lot. That is about the same as the median of $34 across the 11 active lots VanPlex is showing in Madeira Park, and puts it 6 of 11 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
- $599,000
- Lot size
- 17,860 sqft
- Lot dimensions
- 177 x 125
- Frontage
- 177 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1972
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3123411
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Listing data via MLS®. Displayed for information only.