5975 CHANCELLOR BOULEVARD, Vancouver
$5,980,000
This 14,960 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
Located at prime UEL area, on the north side of Chancellor Blvd, this home boasts nice views towards Burrard Inlet and N.S Mountains. The existing home is very livable and well planned living, main floor feats exceptionally generous principal rooms incl a master bedroom on the main, state of the art kitchen, Living & dining areas w/massive view decks off plus a traditional den. stairs to 3 generous bdrms all w/water views plus add'1 view deck. Lower level is above the ground, making it perfect for extra rooms or for rent! One of the few FREEHOLD properties in UBC's most prestigious neighbourhood, this 110 x 136 ft property will also make an ideal holding property until you are ready to build your dream home. Open House, Sun Aug 9, 2-4 pm.
How this price compares
This lot asks $400 per square foot of lot. That is 11% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 268 of 758 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
- $5,980,000
- Lot size
- 14,960 sqft
- Lot dimensions
- 110 x 136
- Frontage
- 110 ft
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- 1952
- MLS® area
- University VW
- MLS® number
- R3133354
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Listing data via MLS®. Displayed for information only.