621 WATER AVENUE, Hope
$634,900
This 7,200 sqft property in Hope 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 for first-time buyers or investors! This centrally located 3 bed, 2 bath home offers incredible versatility—ideal as a residence, Airbnb opportunity, or long-term hold. Features a bright, renovated in-law suite with new flooring and updated bath. Situated on a large, fully fenced lot with back lane access, RV parking, enclosed wired carport, and garden shed. Major updates include windows, roof, furnace, upstairs kitchen, soffits, gutters, and deck. Fresh exterior paint (2025), plus new washer/dryer, fencing, faux wood blinds, and storm doors. Gas range & BBQ hookups. Walk to downtown and enjoy mountain & river views. Vacant—quick possession available!
How this price compares
This lot asks $88 per square foot of lot. That is 24% above the median of $71 across the 31 active lots VanPlex is showing in Hope, and puts it 21 of 31 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
- $634,900
- Lot size
- 7,200 sqft
- Lot dimensions
- 60 x 120
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1949
- MLS® area
- Hope
- MLS® number
- R3139425
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Listing data via MLS®. Displayed for information only.