944 3RD AVENUE, Hope
$450,000
This 6,912 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.
Just two blocks to the downtown core you can get a great buy for $450,000. This is the right opportunity for the right price. Dont compromise if you have the desire to build equity.Located on a nice sized 57.6x 120 lot. This home has a full bathroom up and another one downstairs. It has a large living room plus a family room waiting for finishing touches. The basement with proper egress windows could provide another bedroom. The home also features bonus room in the attic that have not been developed. Come have a look and discover the untapped potential waiting.
How this price compares
This lot asks $65 per square foot of lot. That is 9% below the median of $71 across the 31 active lots VanPlex is showing in Hope, and puts it 13 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
- $450,000
- Lot size
- 6,912 sqft
- Lot dimensions
- 57.6 x 120
- Frontage
- 57.6 ft
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- 1952
- MLS® area
- Hope
- MLS® number
- R3150315
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Listing data via MLS®. Displayed for information only.